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FIDSON HEALTHCARE PLC - NEWS
Listing on the Nigerian Stock Exchange (NGX) provides companies with numerous benefits, including increased visibility, access to capital, and enhanced credibility.
Under this agenda, the Nigerian health sector, led by Professor Ali Muhammad Pate as the Coordinating Minister of Health and Social Welfare, has encountered significant challenges.
Two members of Dangote Group, Dangote Sugar Refinery and National Salt Company posted cumulative equity gains of N59.33 billion, as the Nigerian Exchange continued its bullish run, gaining 0.44% during the day.
The NGX kicked off the month of May on a bullish note with the All-Share Index appreciating by 0.55%, gaining 537.15 points to close at 98,762.78 points. Investors also gained N300 billion as the market capitalization closed at N55.85 trillion, up from N55.55 trillion recorded on April 30th, 2024.
The top 10 beneficiaries of the Healthcare Sector Intervention Facility (HSIF) according to the CBN report.
For the first time since listing, Transcorp Power share price declined, as it recorded a marginal 0.03% loss to close at N382.90 from yesterday’s N383.00.
As the All-Share Index appreciated by 4.24%, closing at 83,042.96 points, gaining 3,378.3 points from the previous week’s closing price of 79,664.66 points.
With a current year-to-date return of 41%, the Nigerian Exchange in 2023 is on track to exceed its last year’s performance.
According to the World Health Organization report on malaria, Nigeria has the highest burden of malaria globally, accounting for nearly 27% of the global malaria burden.
Foremost Nigerian pharmaceutical company, Fidson Healthcare and Jiangsu Aidea Pharmaceutical Co. Ltd (Aidea Pharma), an innovative pharmaceutical company in China, have officially signed a strategic partnership agreement in China.
Nigeria’s Manufacturing companies contributed approximately N32 trillion to the economy over a five-year period between 2018 and 2022 according to Nairametrics reporting citing NBS data.
The Nigerian Exchange ended the trading session with a negative close as the All-Share Index depreciated by -0.01%.