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JenneteUgo Anya
- November 12, 2024
NGX Invest Facilitates Over N1.26tr For Banks’ Recapitalisation
NGX Invest, the digital offering platform of the Nigerian Exchange (NGX), has raised over N1.26 trillion for banks through various rights issues and public offerings. This significant achievement highlights the growing role of the platform in capital-raising efforts across the financial sector. FBN Holdings, which recently launched its N150 billion rights issue, becomes the latest […]
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- August 27, 2024
Expert Urges Investors To Hold Out For Long-Term Gains In Bank Offers
In a candid advisory to Nigerian investors, financial expert and founder of KSBC Knowledge Resources Limited, Mr. Chika Mbonu, has urged caution for those considering participation in the ongoing banking public offers. Speaking as a panellist during a recent industry outlook webinar titled ‘Banking Public Offers: Buy, Sell, or Hold?’ Mr. Mbonu emphasised the importance […]
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- August 19, 2024
Union Bank’s Recapitalisation Highlights Importance Of Investor Relations, Fuels Growth
Union Bank of Nigeria has embarked on a recapitalisation journey, a strategic move that underscores its commitment to financial resilience and growth in a rapidly evolving economic landscape. The bank reported a significant 58.19 percent rise in gross earnings for the first half of 2024, this recapitalisation effort not only aligns with the Central Bank […]
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- August 6, 2024
SEC Says Bank Recapitalisation Is Key To Nigeria’s Trillion-dollar Economy
Director- General (DG) of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has said the bank recapitalisation is for Nigeria’s aspiration to achieve a trillion-dollar economy. Speaking at a recent forum, on the ongoing bank recapitalisation efforts in Abuja, Dr. Agama outlined the crucial steps needed to unlock the nation’s economic potential. Dr. Agama […]
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