Last year was not a good year for initial public offerings. Only 128 companies managed to IPO compared with the 154 that did in 2011 and the long term average of nearly 200 per year. The median proceeds raised by IPOs fell by 23% and 40% of companies ended up […]
Tag: Initial Public Offering
NSE Foresees Revival of IPOs in 2013
The Nigerian Stock Exchange (NSE) has said the current market rally and improved regulation could lure up to 20 companies to list on the Nigerian bourse in 2013. The Financial Times quoted NSE’s Chief Executive Officer, Mr. Oscar Onyema, to have made this remark Monday . This, according to him, […]
