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Home Capital Market

NGX Lists Ronchess Global Resources 91m Shares on Growth Board

Business 360 by Business 360
December 20, 2021
in Capital Market
0
Stock Market Report: Market Indicators show positive signs of recovery

Nigerian Exchange Limited (NGX), has announced the listing of Ronchess Global Resources Plc and also facilitated the financing of over N5 trillion in capital raised by governments and corporates so far in 2021. The Chief Executive Officer, NGX, Temi Popoola made this known during the Closing Gong Ceremony to commemorate the successful listing of 91,000,000 ordinary shares of Ronchess on the Growth Board of the exchange, held last Friday.

Represented by the Divisional Head, Listing Business, NGX, Olumide Bolumole, Popoola stated that the NGX All Share Index (ASI) has continued to remain resilient in the face of major macro-economic shocks including; increased insecurity, foreign exchange volatility amongst others.

He noted that in spite of the challenges, the NGX have continued to play its role as a capital aggregator connecting investors with opportunities across sectors including in infrastructure through companies such as Ronchess,

“In the course of year, our support for capital raising have continued with NGX facilitating the financing of over N5 trillion in capital raised by governments and corporates”.

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