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 […]

N8 Billion IPO: Transcorp to Hold Completion Board Meeting Sept’19

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Conglomerate Transnational Corporation of Nigeria (TRANSCORP) will tomorrow Friday September 19, 2014 hold a completion board meeting to discuss the proposed N8.0 billion initial public offering (IPO) for its hospitality business, Transcorp Hotels Plc. A source at the company name (withheld) disclosed this to InvestAdvocate […]