As the trading floor of the Nigerian Exchange (NGX) bustles with deals, shares of oil and gas firms steal the limelight. In this scene, Aradel Holdings Plc (Aradel) has risen as a showpiece of the country's developing capital markets. Thus, when six relatives of Adegbite Falade, Aradel’s managing director, bought ₦205.5 million worth of the oil firm’s shares recently disclosed in a regulatory filing with the NGX, the transactions became a litmus test for the budding corporat
As the trading floor of the Nigerian Exchange (NGX) bustles with deals, shares of oil and gas firms steal the limelight. In this scene, Aradel Holdings Plc (Aradel) has risen as a showpiece of the country's developing capital markets. Thus, when six relatives of Adegbite Falade, Aradel’s managing director, bought ₦205.5 million worth of the oil firm’s shares recently disclosed in a regulatory filing with the NGX, the transactions became a litmus test for the budding corporat