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JenneteUgo Anya
- July 30, 2024
Zenith Bank Set To Raise N290bn In New Capital
Zenith Bank Plc has announced plans to raise approximately N290 billion in fresh capital, exceeding the N230 billion required to comply with the Central Bank of Nigeria’s (CBN) new recapitalisation mandate. The announcement was made during the bank’s rights issue and public offer signing ceremony held on Monday, 29th July, in Lagos. The bank detailed […]
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- July 23, 2024
Stockbrokers Report Surge In Investors’ Interest For Bank Rights Issues, Public Offers
Stockbrokers in the Nigerian capital market are observing a remarkable surge in investors’ interest regarding the ongoing public offerings and rights issues by major banks. This heightened engagement comes as Nigerian banks seek to bolster their capital reserves in response to the Central Bank of Nigeria’s (CBN) new minimum capital requirements. These regulatory measures are […]
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