FCMB shops for N110bn fresh capital

FCMB Group has announced plans to raise N110bn by issuing 15,197,289,219 ordinary shares of N0.50 each at N7.30 per share. This was disclosed by the Chief Executive Officer of First City Monument Bank, Ladi Balogun, during the “Facts Behind the Offer” presentation by FCMB Group Plc at the Nigerian Exchange Limited on Tuesday. Balogun explained

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