Stanbic IBTC Launches N148.7bn Rights Issue via NGX
Stanbic IBTC Holdings has unveiled its N148.7 billion rights issue, offering existing shareholders an opportunity to expand their stake in the company. The announcement was made during the ‘Facts Behind The Figures’ event hosted by the Nigerian Exchange (NGX) on January 21, 2025. The rights issue involves the issuance of 2,944,772,083 ordinary shares at 50 […]
Read MoreUBA Plc Launches ₦239.4bn Rights Issue To Drive Growth
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has officially commenced its ₦239.4 billion Rights Issue, offering 6,839,884,274 ordinary shares at ₦35.00 per share. The offer, which was opened on Friday, 15 November, 2024, is based on a ratio of one new ordinary share for every five existing shares held as of November 5, […]
Read MoreNigerian Breweries Extends Rights Issue Deadline Following SEC Approval
Nigerian Breweries Plc has announced the extension of its ongoing Rights Issue acceptance period, now set to close on October 18, 2024, instead of the original deadline of October 11. The extension, approved by the Securities and Exchange Commission (SEC), was made to accommodate public holidays that interrupted normal working days during the initial subscription […]
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