By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Benchmark index and market capitalisation at the Nigerian bourse on Friday inched up 0.93 percent Week-on-Week (W/W) to close at 41,049.28 and N13.554 trillion respectively for the period ended Friday 19, 2014. Similarly, five (5) indices appreciated during the week with the exception of the […]
Capital Market
68 Billion Naira Rights Issue: NSE Grants Access Bank final Approval
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday said it has granted Access Bank Plc approval on its proposed 68 billion naira rights issue. ‘’Further to the announcement on 15 September 2014 where the share price of Access Bank Plc was placed on technical suspension pursuant to an […]
Alibaba’s IPO Priced at $68 a Share
Sept. 18, 2014/The Wall Street Journal The $21.8 Billion Offering by the Chinese E-Commerce Giant Is Among Biggest Ever Alibaba Group HoldingLtd. ‘s shares priced Thursday at $68 apiece, putting the Chinese company on track for an initial public offering that will raise at least $21.8 billion. The price was […]

