Assessing primary market’s readiness for IPOs in 2020
A typical stock market has two distinctive categories- the primary market and the secondary market. The primary market is where new securities such as companies’ shares are first introduced.
How to spur development, IPO resurgence in Nigeria
Experts have charged the Federal Government to restrategise to address the current macro economic concerns impeding the nation’s economic stability and promote issues of national development.
SAHCOL offers N406m in first IPO after four years
Hopes of a return of the era of Initial Public Offerings (IPO) were rekindled last week, after four years of zero record, with the offer for sale of SAHCO Plc’s 406,074,000 ordinary shares of 50 kobo each at N4.65 per share. The company, which is one of the foremost aviation handling companies in Nigeria,…
Planned electronic IPO tickles stakeholders
Capital market stakeholders have described the planned introduction of electronic initial public offers (e-IPOs), by capital market regulators as a step in the right direction, saying the initiative would boost market participation, and enhance liquidity in the market. The stakeholders, who admitted that the Nigerian Stock Exchange (NSE), has been at the forefront of…
MTN to list $5.2 billion IPO on NSE in July
After years of procrastinating, telecoms giant, MTN, plans to list its Nigerian unit worth $5.23billion by July, in a debut initial public offering...