A major initial public offering is underway, with 4.1 billion shares available for purchase. The shares are priced at N525 per unit, which is equivalent to a very small fraction of a US dollar. This share sale is notable for its large size, valued at $1.6 billion, making it the biggest in Africa.
The sale is scheduled to run for a month, concluding on 13 October. After the sale, listing is expected to occur in November. Further details about this significant financial event are available from the source.
More information can be found through Premium Times, which reported on the opening of the order book for this major IPO.
Read the morning recap of top stories, including INEC’s final list for the 2027 Senate race and a CBN report on banks shutting 476 branches. Read More: https://punchng.com/morning-recap-inec-unveils-list-of-senate-race-banks-shut-476-branches-in-three-years-other-top-stories/...
This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post Transcorp, AXA Mansard, GTCO top stock pick this week appeared first on Premium Times Nigeria ....
NARD noted that the unresolved welfare concerns had disrupted medical services at the tertiary hospital. The post NARD backs LASUTH doctors’ strike, urges Lagos govt to resolve dispute appeared first on Premium Times Nigeria ....
• Offers customers greater flexibility for less urgent shipments. • Affordable domestic shipping designed to support business growth and operational efficiency. • Access to a trusted network that connects customers and businesses across Nigeria. • Greater convenience for business...
More than 70% of faith-based content creators in Nigeria earn no revenue from their content despite the growing use of digital platforms to distribute religious and faith-driven stories, according to a new report on the country’s faith-based media ecosystem. The post Over 70% of ...
By Shina Abubakar, Osogbo Following an alert by the Department of State Services, DSS, over an alleged plan to attack worship centres in Osun State, the Christian Association of Nigeria, CAN, and the Muslim community have adopted measures to prevent possible attacks. The developm...
The National Leadership of the Nigeria Democratic Congress (NDC) has insisted that no one can stop the party from participating in the 2027 general elections, despite what it described as repeated attacks on its members. The party made the declaration in a statement issued late S...
Nigeria’s Ambassador-designate to Mexico, Reno Omokri, has argued that the country is not as corrupt as many people around the world believe. According to him, global corruption rankings do not fully reflect Nigeria’s culture and realities. Omokri made the remarks on Channels Tel...
By Chinedu Adonu A legal practitioner and football stakeholder, Joe Onyeabor, has urged the Nigeria Football Federation, NFF, to prioritise competence, experience and proven capacity as FIFA and CAF move to intervene in the crisis surrounding the administration of Nigerian footba...
Nigerian dancer Poco Lee insists he is innocent of the sexual offence allegations against him in the UK, as the Crown Prosecution Service confirms his case Read More: https://punchng.com/im-innocent-of-allegations-against-me-says-poco-lee/...
By Henry Umoru ABUJA — The National Leadership of the Nigeria Democratic Congress, NDC, has condemned the alleged attack on its members during a grassroots meeting in Obuoffia Ward, Nkanu West Local Government Area of Enugu State. The party described the incident as unprovoked an...
A chieftain of the All Progressives Congress, APC, in Osun State, Olatunbosun Oyintiloye, has urged the Federal Character Commission, FCC, to resist pressure from influential Nigerians and ensure transparency in the distribution of federal government employment opportunities. Oyi...
