{"id":1070,"date":"2018-10-18T15:34:16","date_gmt":"2018-10-18T15:34:16","guid":{"rendered":"http:\/\/bpe.gov.ng\/?p=1070"},"modified":"2025-09-04T15:15:36","modified_gmt":"2025-09-04T15:15:36","slug":"what-is-an-initial-public-offering","status":"publish","type":"post","link":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/","title":{"rendered":"What is an initial public offering?"},"content":{"rendered":"<p>An initial public offering, or IPO, is the sale of a company\u2019s shares on the stock market for the first time.\u00a0 As part of Nigeria\u2019s privatisation programme, the sale of shares in IPOs is reserved for Nigerian citizens only, and even then the amount that can be purchased by any one individual or institutional investor is strictly limited.\u00a0 This is to avoid a concentration of shares in the hands of a small group of individuals or companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An initial public offering, or IPO, is the sale of a company\u2019s shares on the stock market for the first time.\u00a0 As part of Nigeria\u2019s privatisation programme, the sale of shares in IPOs is reserved for Nigerian citizens only, and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15288,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[],"class_list":["post-1070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What is an initial public offering? - Bureau of Public Enterprise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is an initial public offering?\" \/>\n<meta property=\"og:description\" content=\"An initial public offering, or IPO, is the sale of a company\u2019s shares on the stock market for the first time.\u00a0 As part of Nigeria\u2019s privatisation programme, the sale of shares in IPOs is reserved for Nigerian citizens only, and...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/\" \/>\n<meta property=\"og:site_name\" content=\"Bureau of Public Enterprise\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-18T15:34:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-04T15:15:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/Bureau-of-Public-Enterprise-2741397833.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1447\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"BPE Communications\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BPENigeria\" \/>\n<meta name=\"twitter:site\" content=\"@BPENigeria\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BPE Communications\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/\"},\"author\":{\"name\":\"BPE Communications\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#\\\/schema\\\/person\\\/f460e59a81ee781678b5c709e6ccc574\"},\"headline\":\"What is an initial public offering?\",\"datePublished\":\"2018-10-18T15:34:16+00:00\",\"dateModified\":\"2025-09-04T15:15:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/\"},\"wordCount\":85,\"publisher\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/Bureau-of-Public-Enterprise-2741397833.jpeg\",\"articleSection\":[\"Article\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/\",\"url\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/\",\"name\":\"What is an initial public offering? - Bureau of Public Enterprise\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/Bureau-of-Public-Enterprise-2741397833.jpeg\",\"datePublished\":\"2018-10-18T15:34:16+00:00\",\"dateModified\":\"2025-09-04T15:15:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/#primaryimage\",\"url\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/Bureau-of-Public-Enterprise-2741397833.jpeg\",\"contentUrl\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/Bureau-of-Public-Enterprise-2741397833.jpeg\",\"width\":2048,\"height\":1447},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/what-is-an-initial-public-offering\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is an initial public offering?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#website\",\"url\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/\",\"name\":\"Bureau of Public Enterprise\",\"description\":\"Privatization &amp; Commercialization in Nigeria\",\"publisher\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#organization\",\"name\":\"Bureau of Public Enterprise\",\"url\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bpe.gov.ng\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/featured-img-default.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bpe.gov.ng\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/featured-img-default.jpg\",\"width\":1920,\"height\":1280,\"caption\":\"Bureau of Public Enterprise\"},\"image\":{\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/BPENigeria\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/bureau-of-public-enterprises-bpe\\\/\",\"https:\\\/\\\/www.instagram.com\\\/bpenigeria\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/#\\\/schema\\\/person\\\/f460e59a81ee781678b5c709e6ccc574\",\"name\":\"BPE Communications\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4fd32108bec32e8845dc41457f2a6e15fdb0dbd85d9ab599819ca96187ad9136?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4fd32108bec32e8845dc41457f2a6e15fdb0dbd85d9ab599819ca96187ad9136?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4fd32108bec32e8845dc41457f2a6e15fdb0dbd85d9ab599819ca96187ad9136?s=96&d=mm&r=g\",\"caption\":\"BPE Communications\"},\"sameAs\":[\"https:\\\/\\\/bpe.gov.ng\"],\"url\":\"https:\\\/\\\/bpe.gov.ng\\\/staging\\\/author\\\/ch-emm\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What is an initial public offering? - Bureau of Public Enterprise","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/","og_locale":"en_US","og_type":"article","og_title":"What is an initial public offering?","og_description":"An initial public offering, or IPO, is the sale of a company\u2019s shares on the stock market for the first time.\u00a0 As part of Nigeria\u2019s privatisation programme, the sale of shares in IPOs is reserved for Nigerian citizens only, and...","og_url":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/","og_site_name":"Bureau of Public Enterprise","article_published_time":"2018-10-18T15:34:16+00:00","article_modified_time":"2025-09-04T15:15:36+00:00","og_image":[{"width":2048,"height":1447,"url":"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/Bureau-of-Public-Enterprise-2741397833.jpeg","type":"image\/jpeg"}],"author":"BPE Communications","twitter_card":"summary_large_image","twitter_creator":"@BPENigeria","twitter_site":"@BPENigeria","twitter_misc":{"Written by":"BPE Communications"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/#article","isPartOf":{"@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/"},"author":{"name":"BPE Communications","@id":"https:\/\/bpe.gov.ng\/staging\/#\/schema\/person\/f460e59a81ee781678b5c709e6ccc574"},"headline":"What is an initial public offering?","datePublished":"2018-10-18T15:34:16+00:00","dateModified":"2025-09-04T15:15:36+00:00","mainEntityOfPage":{"@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/"},"wordCount":85,"publisher":{"@id":"https:\/\/bpe.gov.ng\/staging\/#organization"},"image":{"@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/Bureau-of-Public-Enterprise-2741397833.jpeg","articleSection":["Article"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/","url":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/","name":"What is an initial public offering? - Bureau of Public Enterprise","isPartOf":{"@id":"https:\/\/bpe.gov.ng\/staging\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/#primaryimage"},"image":{"@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/Bureau-of-Public-Enterprise-2741397833.jpeg","datePublished":"2018-10-18T15:34:16+00:00","dateModified":"2025-09-04T15:15:36+00:00","breadcrumb":{"@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/#primaryimage","url":"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/Bureau-of-Public-Enterprise-2741397833.jpeg","contentUrl":"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/Bureau-of-Public-Enterprise-2741397833.jpeg","width":2048,"height":1447},{"@type":"BreadcrumbList","@id":"https:\/\/bpe.gov.ng\/staging\/what-is-an-initial-public-offering\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bpe.gov.ng\/staging\/"},{"@type":"ListItem","position":2,"name":"What is an initial public offering?"}]},{"@type":"WebSite","@id":"https:\/\/bpe.gov.ng\/staging\/#website","url":"https:\/\/bpe.gov.ng\/staging\/","name":"Bureau of Public Enterprise","description":"Privatization &amp; Commercialization in Nigeria","publisher":{"@id":"https:\/\/bpe.gov.ng\/staging\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bpe.gov.ng\/staging\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bpe.gov.ng\/staging\/#organization","name":"Bureau of Public Enterprise","url":"https:\/\/bpe.gov.ng\/staging\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bpe.gov.ng\/staging\/#\/schema\/logo\/image\/","url":"https:\/\/www.bpe.gov.ng\/wp-content\/uploads\/2025\/10\/featured-img-default.jpg","contentUrl":"https:\/\/www.bpe.gov.ng\/wp-content\/uploads\/2025\/10\/featured-img-default.jpg","width":1920,"height":1280,"caption":"Bureau of Public Enterprise"},"image":{"@id":"https:\/\/bpe.gov.ng\/staging\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/BPENigeria","https:\/\/www.linkedin.com\/company\/bureau-of-public-enterprises-bpe\/","https:\/\/www.instagram.com\/bpenigeria"]},{"@type":"Person","@id":"https:\/\/bpe.gov.ng\/staging\/#\/schema\/person\/f460e59a81ee781678b5c709e6ccc574","name":"BPE Communications","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4fd32108bec32e8845dc41457f2a6e15fdb0dbd85d9ab599819ca96187ad9136?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4fd32108bec32e8845dc41457f2a6e15fdb0dbd85d9ab599819ca96187ad9136?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4fd32108bec32e8845dc41457f2a6e15fdb0dbd85d9ab599819ca96187ad9136?s=96&d=mm&r=g","caption":"BPE Communications"},"sameAs":["https:\/\/bpe.gov.ng"],"url":"https:\/\/bpe.gov.ng\/staging\/author\/ch-emm\/"}]}},"_links":{"self":[{"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/posts\/1070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/comments?post=1070"}],"version-history":[{"count":1,"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/posts\/1070\/revisions"}],"predecessor-version":[{"id":15746,"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/posts\/1070\/revisions\/15746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/media\/15288"}],"wp:attachment":[{"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/media?parent=1070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/categories?post=1070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bpe.gov.ng\/staging\/wp-json\/wp\/v2\/tags?post=1070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}