Investors looking to hedge their bets or speculate on the direction of Alibaba Group’s IPO-BABA.N stock after its expected public sale of shares on Friday, will be able to trade its options in two weeks, as U.S. options exchanges are expected to list contracts on the company. The Chinese e-commerce […]

Stanbic IBTC Asset Management has opened its initial public offering for the Stanbic IBTC Exchange Traded Fund 30. The company, a member of Standard Bank Group, said in a statement on Tuesday that it opened the IPO on Monday with 10,000,000 units of the fund available at N100 each at […]

Access Bank Plc (ACCESS), the Nigerian lender with offices in eight other countries, seeks to raise as much as 68 billion naira ($420 million) to fund operations and bolster cash reserves. Shareholders will vote Oct. 13 on the proposal to sell shares to existing investors, Busola Osilaja, a spokeswoman for […]