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 […]
Capital Market
Nigeria’s Access Bank Seeking $420 Million in Share Sale
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 […]
TRANSEXPR Names Aderonke Fatade Independent Director
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) –Trans-Nationwide Express Plc on Tuesday said it has appointed Aderonke Fatade as an independent director of the company with effect from Thursday, 12 June 2014, the courier firm said in a notice to the Nigerian Stock Exchange (NSE). According to TRANSEXPR, Fatade obtained her […]
