FBNHoldings Opens N150bn Rights Issue …C0NTINUE READING HERE >>>
FBN Holdings Plc. (FBNH) has announced the signing ceremony to commence the Rights Issue offering of 5,982,548,799 ordinary shares of 50 kobo each at N25.00 per share to its existing shareholder on the basis of one new ordinary share for every ordinary shares held as at October 18, 2024.
The offer is part of the Company’s plan to recapitalise its commercial banking subsidiary, First Bank of Nigeria Limited, (Firstbank) with a view towards increasing the bank’s capacity for…
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