- Access Bank confirmed its raised N41.71 billion ($210 million) from the rights issue it held in January 2015.
- In a document released on Tuesday, the Bank said the rights issue was 79.3 percent subscribed by shareholders and came in below its target of 52.6 billion naira.
- The bank had offered 7.62 billion shares at 6.90 naira per share to its existing shareholders at one for three shares in a rights issue in January.
- Access Bank shares was up 2.44% to close at N4.20
- The share price had opened at N4.10 and barely higher than its year low of N4
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