Capital

NGX GCEO confident as FCMB Group commences N110.9bn capital raise

FCMB Group Plc, a foremost player in Nigeria’s financial sector, recently held a Facts Behind the Offer (FBO) session at…

9 months ago

Zenith Bank set to raise N290bn capital through Rights Issue, Public Offer

Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer…

9 months ago

Raising fresh capital, reason for exclusion of retained earnings from recapitalisation terms —Cardoso

THE Governor, Central Bank of Nigeria (CNN), Olayemi Cardoso has explained that the exclusion of retained earnings from the recapitalization…

10 months ago

Celebrating 50 years of marriage in Nigeria’s ‘divorce capital’

By Mansur Abubakar (BBC News)   A couple who live in Kano Nigeria’s “divorce capital” are being hailed for their…

10 months ago

Stanbic IBTC Capital, wins EMEA’s Best Local Currency Bond House award , 4 others

Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings, has been recognised as the Best Local Currency Bond…

11 months ago

Recapitalisation: Wema Bank completes first tranche of Capital Raise Programme

Wema Bank Plc  Nigeria’s foremost innovative bank has successfully completed the first tranche of its recapitalisation exercise having secured all…

11 months ago

Six banks set to raise over N1. 049trn amidst pressure to shore up capital

Following directive from the Central Bank of Nigeria (CBN) to Deposit Money Banks (DMB) to raise their capital base significantly…

11 months ago

Nigeria, other AfDB’s shareholders inject fresh $117bn as capital hits $318bn

THE board of governors of the African Development Bank (AfDB) has approved a fresh general capital of $117billion making the…

11 months ago

Stanbic IBTC Capital acts as Lead Issuing House for Axxela’s N16.4b 10-Year Series 1 bond

Axxela Funding 1 PLC has achieved a significant milestone with the successful completion of its N16.4 billion Series 1 Fixed…

1 year ago

Access Holdings shareholders approve $1.5bn capital raise

Shareholders of Access Holdings Plc, Annual General Meeting (AGM) held in Lagos on Friday have unanimously approved the group’s plan…

1 year ago

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