Alibaba Group Holding Ltd’s initial public offering now ranks as the world’s biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares. Overwhelming demand saw the IPO initially raise $21.8 billion and then send Alibaba’s stock surging 38 percent in its debut […]
Capital Market
NASD OTC transactions exceed N1bn
NASD Plc has said transactions in equities worth over N1bn have been carried out on its over-the-counter market, which commenced operations last year. NASD, whose OTC market deals mainly in unlisted securities, said, “By this number, investors’ regulators and brokers can reliably refer to transaction data on deals worth N1bn. […]
Transcorp Hotels to List Shares November 05 as IPO Opens Sept’ 24Tra
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Transcorp Hotels Plc (THP) will be listing its shares on the floor of the Nigerian bourse November 05, 2015 according to its offer prospectus as the hospitality firm opens its Initial Public Offering (IPO) Wednesday September 24, 2014. The board of directors (BODs) […]

