Tag: IPO
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“How Nollywood actor allegedly killed his neighbour over N1000 electricity bill”, Policeman
An Investigative Police Officer, IPO, Insp Israel Ojo, has told an Ikeja Special Offences Court how a Nollywood actor, Temitayo Phillips Ogunbusola, allegedly stabbed his neighbour, Oladotun Osho, to death over a N1,000 electricity bill. The 32-year-old actor is being tried for murder which he had pleaded not guilty to. The incident happened on Saturday…
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NSE listing: MTN likely to scrap Nigerian IPO after CBN, FG fines
The management of MTN Group Limited is considering cancelling its much-awaited listing on the Nigerian Stock Exchange (NSE) via an Initial Public Offering (IPO). Some weeks ago, the Nigerian Communications Commission (NCC) said MTN agreed to list its shares on the local bourse before May 2019. This was part of an agreement reach to reduce…
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MTN Nigeria to go ahead with IPO this year
Subject to market conditions, South Africa’s telecoms firm, MTN Group will go ahead with its Initial Public Offering (IPO) listing its Nigerian subsidiary, MTN Nigeria in the Nigerian Stock Exchange (NSE) this year. Bloomberg had previously reported the Executive Chairman of MTN Group, Phuthuma Nhleko, as saying the company may delay the planned listing until…
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Blue Apron put IPO plans on hold to focus on financials
Meal-kit delivery company Blue Apron Inc. has put preparations for an initial public offering on hold, people familiar with the matter said, delaying selecting bankers while it focuses on improving its financial metrics. After starting to interview banks in September to advise on the IPO, Blue Apron has pushed back formally hiring underwriters until some…