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Finance & Markets

Argentina’s US IPO Revival Stalls as Market Rout Chills Debuts

Two Argentine energy companies have put plans for US initial public offerings this year on hold, dealing a blow to hopes of reviving the country’s long-dormant market for New York stock listings as a rout in local assets and global market turmoil dampen investor appetite.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Conoil’s pre-tax profit rises 218.9% to N5.98 billion in nine months of 2026

Conoil Plc reported a pre-tax profit of N5.98 billion for the nine months ended September 30, 2026, representing a 218.9% increase from N1.88 billion in the corresponding period of 2025, according to…

  • Conoil's pre-tax profit rose 218.9% to N5.98 billion in nine months of 2026
  • Revenue increased 37.4% to N280.12 billion, driven by white petroleum products
  • Profit after tax fell to N5.31 billion, down from N1.46 billion in 2025

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