Bank Recapitalization
Stories o Nigerian Bank Recapitalization
The strategic benefits of Access holdings’ rights issue for investors
The Central Bank of Nigeria (CBN) on March 28, 2024, announced a two-year bank recapitalisation exercise, which commenced on April 1, 2024, and...
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Fidelity Bank “surpasses target”, raises over N127.1 billion in first phase of recapitalization effort
Fidelity Bank has surpassed the N127.1 billion target set in its combined offer programme, as the bank concludes the programme....
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Access Holdings rights issue extended to August 23
Access Holdings has received the approval of the Securities and Exchange Commission to extend its ongoing rights issue programme to...
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Zenith Bank promises higher dividend payout, as it gears for oversubscription in its N290 billion capital raise
Zenith Bank is promising an increased dividend payout to its shareholders despite the addition of over 8 billion shares through...
Read moreZenith bank’s hybrid rights issue and public offer holds immense value for investors
Zenith Bank Plc, in a significant move to meet the Central Bank of Nigeria’s (CBN) new minimum capital requirement of...
Read moreZenith Bank’s capital raise Hybrid Rights Issues and PO: The Takeaways
Zenith Bank Plc has announced a Hybrid Rights Issue and offer for subscription, aiming to raise about N290 billion.
Read moreFidelity Bank’s public offer and rights issue extended by N78.35 billion to August 12
Fidelity Bank has extended the period of its public offer and rights issue to August 12.
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Zenith Bank set to raise N290 billion capital through rights issue and public offer
Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer...
Read moreAccess Holdings turns to social media Influencers to market Rights Issue
Access Holdings, Nigeria’s largest financial services company, is enlisting the services of social media influencers to promote its substantial N350...
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GTCO offer for subscription: The takeaways
Guaranty Trust Holding Company PLC (GTCO) has announced an offer for subscription, aiming to raise N392,490 billion (net) through the...
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