Africa Capital Alliance’s CAPE IV, which holds the largest shareholding in Aradel Holdings, has sold off about 0.57% of the group’s stock, amounting to a N19.8 billion shares sale.
The transaction which took place on October 14, 15, and 16 saw CAPE IV sell off about 24.717 million Aradel shar
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.