Bank Recapitalization
Stories o Nigerian Bank Recapitalization
UBA seeks NGX approval for N239 billion rights issue @N35 per share
The United Bank for Africa (UBA) has announced the submission of an application to the Nigerian Exchange (NGX) for the...
Read moreDetails
Access Holdings reports N209.2 billion profit for the third quarter, with nine-month pre-tax profits up 89.59%.
Access Holdings PLC has released its financial results for the third quarter of 2024, recording a pre-tax profit of N209.2...
Read moreDetails
How FBN Holdings plans to utilize its N149 billion Rights Issue
FBN Holdings (FBNH) has announced a substantial rights issue to raise N149.56 billion, strategically structured to enhance the capital base...
Read moreDetails
Zenith Bank Plc posts N1 trillion pre-tax profit for nine-month period in 2024, with third quarter profit at N275 billion
Zenith Bank Plc has announced a pre-tax profit of N1 trillion for the nine-month period ending September 30, 2024, including...
Read moreDetails
Fidelity Bank reports N81 billion Q3 profit, nine-month pre-tax profit reaches N281 billion
Fidelity Bank has released its financial results for the third quarter of 2024, reporting a pre-tax profit of N81.6 billion,...
Read moreDetails
GTCO pre-tax profits hit N1.2 trillion in first 9 months of 2024
GTCO Plc released its third-quarter results, showing that pre-tax profits rose to N215.69 billion, compared to N105.8 billion recorded in...
Read moreDetails
Recapitalisation: FBN Holdings opens N150 billion Right issue at N25 per share
FBN Holdings Plc has commenced its Rights Issue, offering 5.983 billion ordinary shares at 50 kobo each, priced at N25...
Read moreDetails
Stocks continue gains as Fidelity Bank and FCMB’s successful public offers spark bullish market sentiment
The Nigerian All-Share Index (ASI) maintained its upward trajectory on Monday, closing the day with a gain of +138.61 points,...
Read moreDetailsFidelity Bank shares gains over 20% a month after hybrid offer
Fidelity Bank Plc has soared by over 20% on the Nigerian stock market, riding a bullish trend that saw its...
Read moreDetails
FCMB completes first phase of capital raise as NGX Invest platform enables 40,000 investors
FCMB Group Plc has praised CBN, SEC, and the NGX for their key support in completing the first phase of...
Read moreDetails
