Abril Paper Tech shares debuted at ₹48.80 on BSE SME, 20% below the issue price of ₹61. The IPO was oversubscribed 11.20 times, with retail investors subscribing 16.79 times. The company plans to use the proceeds for capacity expansion and working capital.
Stock futures are mixed Wednesday morning ahead of today’s Producer Price Index (PPI) for August and July’s finalized wholesale inventories data.
Minister of Information and National Orientation, Mohammed Idris, says the recent temporary ban of raw shea exports by President Bola Tinubu, is to position the country as a global leader in the shea economy. Mr Idris said this at the 20th Institute of Chartered Accountants of Nigeria, ICAN, Northern Zonal
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EUR/USD retreated over 0.48% on Tuesday, even though data from the United States (US) seems to confirm that the Federal Reserve (Fed) might reduce interest rates at next week’s meeting. Read Full Article →
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