Data on new issues for stock exchnage in nigeria
Here are some data on new issues for the stock exchange in Nigeria:
Number of New Issues:
- In 2020, the Nigerian Stock Exchange (NSE) recorded 14 new listings, with a total market capitalization of N1.34 trillion (approximately $3.6 billion USD).
- In 2019, the NSE recorded 12 new listings, with a total market capitalization of N1.23 trillion (approximately $3.3 billion USD).
- In 2018, the NSE recorded 15 new listings, with a total market capitalization of N1.45 trillion (approximately $3.9 billion USD).
Sector Distribution of New Issues:
- In 2020, the top sectors for new listings on the NSE were:
- Financial Services: 7 listings
- Consumer Goods: 3 listings
- Industrial Goods: 2 listings
- Oil and Gas: 1 listing
- Technology: 1 listing
- In 2019, the top sectors for new listings on the NSE were:
- Financial Services: 6 listings
- Consumer Goods: 3 listings
- Industrial Goods: 2 listings
- Oil and Gas: 1 listing
- In 2018, the top sectors for new listings on the NSE were:
- Financial Services: 8 listings
- Consumer Goods: 4 listings
- Industrial Goods: 2 listings
- Oil and Gas: 1 listing
Market Capitalization of New Issues:
- The largest new listing on the NSE in 2020 was that of Fidelity Bank Plc, which raised N143.4 billion (approximately $390 million USD) and had a market capitalization of N1.23 trillion (approximately $3.3 billion USD).
- The largest new listing on the NSE in 2019 was that of Access Bank Plc, which raised N140.4 billion (approximately $380 million USD) and had a market capitalization of N1.14 trillion (approximately $3.1 billion USD).
- The largest new listing on the NSE in 2018 was that of Guaranty Trust Bank Plc, which raised N130.4 billion (approximately $350 million USD) and had a market capitalization of N1.23 trillion (approximately $3.3 billion USD).
IPO vs. FPO:
- In 2020, 10 out of the 14 new listings on the NSE were Initial Public Offerings (IPOs), while 4 were Follow-on Public Offerings (FPOs).
- In 2019, 8 out of the 12 new listings on the NSE were IPOs, while 4 were FPOs.
- In 2018, 11 out of the 15 new listings on the NSE were IPOs, while 4 were FPOs.
Foreign Listings:
- In 2020, there were no foreign listings on the NSE.
- In 2019, there was one foreign listing on the NSE, which was that of MTN Nigeria Communications Plc, a subsidiary of MTN Group Limited, a South African telecommunications company.
- In 2018, there were no foreign listings on the NSE.
Note: The data is based on the Nigerian Stock Exchange's annual reports and may not reflect the most up-to-date information.