Olumide Oyetan News

Olumide Oyetan, Chief Executive Officer of Stanbic IBTC Asset Management

Nigeria's Stanbic IBTC to float more exchange-traded funds (ETFs): Olumide Oyetan, Chief Executive Officer of Stanbic IBTC Asset Management

Chief Executive Officer of Stanbic IBTC Asset Management Limited, Olumide Oyetan, has disclosed that the company will float more exchange-traded funds (ETFs) in 2015.

Exchange-Traded Funds (ETFs)

Nigerian Stock Exchange investors urged to take advantage of soon-to-launched Stanbic IBTC NSE-30 ETF

Chief Executive Officer, Stanbic IBTC Asset Management Limited, Mr. Olumide Oyetan, has advised investors to take advantage of its on-going N1 billion initial public offer for the Stanbic IBTC Exchange Traded Fund Stanbic IBTC ETF 30 to invest in a low cost instrument that will deliver the required market return from the NSE 30 Index of the Nigerian Stock Exchange NSE.

Stock Exchange Market Data

Stanbic IBTC opens N1B IPO for ETF that tracks Nigerian Stock Exchange's NSE 30 index

Stanbic IBTC Asset Management, a member of Standard Bank Group, has opened its initial public offering for the Stanbic IBTC Exchange Traded Fund 30 (ETF 30), with 10,000,000 units of the fund available at N100 each at par.