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In 1970, UBA listed its shares on the Nigerian Stock Exchange and became the first Nigerian Bank to undertake an Initial Public Offering (IPO). Today's UBA emerged from the merger of the dynamic and fast-growing Standard Trust Bank, incorporated in 1990, and UBA, one of the biggest and oldest banks in Nigeria.
The Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, is an integrated stock exchange group in Africa founded in 1961 in Lagos.Following the demutualization of the NSE in 2021, NGX Group now has 3 subsidiaries - Nigerian Exchange Limited (NGX), the operating exchange; NGX Regulation (NGX RegCo, the independent regulation company; and NGX Real Estate (NGX RelCo).
Getting in on an initial public offering — more commonly called an IPO — seems like the ticket to riches. Buy a hot new stock and get in on the ground floor of a blockbuster company with the ...
Nigeria is a federal republic in West Africa, bordering Benin in the west, Chad and Cameroon in the east, and Niger in the north. As of 2015 Nigeria has the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's ...
The IPO market in 2019's been a bit of a Jekyll and Hyde affair with some well-known unicorns such as Lyft (NASDAQ:LYFT) and Uber (NYSE:UBER) disappointing investors while others like PagerDuty ...
The markets may be volatile – but this hasn’t stopped IPOs. According to Renaissance Capital, the first quarter saw the largest amount raised by newly public companies since 2014. In all, 43 ...
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