Recapitalisation: Three banks to raise over N500bn in rights issue

As the second set of banks enter the capital market to raise additional funds to meet the new capital base requirement by the Central Bank of Nigeria, rights issues appear to be the preferred option. Already in the market with a N150bn rights issue is FBN Holdings with 5,982,548,799 ordinary shares of 50 kobo each

Read More

Check Also

I could have been a drug addict—Obasanjo

Former President Olusegun Obasanjo has revealed that an attempt to embrace smoking as a young …

Leave a Reply

Your email address will not be published. Required fields are marked *