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 […]

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 […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday dipped 0.11 percent to close at 40,683.45 basis points compared to 0.20 percent recorded the previous session. Despite the plunge in benchmark index, a marginal positive week-to-date (WTD) profile was maintained at 0.03 percent, according to Cordros report and […]