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Home Companies Company News

AGM Watch: Shareholders Approves Unity Bank’s Share Recapitalization To N40Billion

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 27, 2013
in Company News
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Shareholders of Unity Bank Plc on Wednesday approved the proposal of the bank to raise its share capital from N30bn to N40bn.

The approval, which was unanimously given at the bank’s 7th Annual General Meeting in Abuja, would enable it to issue from its authorised share capital 20 billion units of ordinary shares at 50 kobo each.

Shareholders okay Unity Bank’s N40bn recapitalisation

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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