TRANSCORP's aggressive growth strategy has translated into consistent upgrades in the power business, with installed capacity increasing by 25.8% to 590MW in FY'21. This trend continued in FY'22, with another 241MW added, even though a weaker gas supply in Q3'22 trimmed output. However, we do not expect similar gas shortages in 2023, given that the restoration of the Trans-Forcados pipeline has alleviated gas distribution constraints. ...
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CardinalStone is a full service investment banking firm with a vision to build a world class investment banking firm of African origin; operating out of Lagos, Nigeria. The firm was incorporated in April 2008 and began operations in June 2008. CardinalStone is duly registered with the Securities & Exchange Commission in Nigeria to carry on business as an Issuing House, Fund Manager and Broker/Dealer
The Firm's activities are carried out across five business units: Asset Management, Investment Banking, Private Equity, Securities Trading and the Business Support Group.
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