Ecobank launches $250 million capital raise to strengthen Pan-African banking platform
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has formally launched its $250 million Additional Tier 1 ...
Tag: Capital Raise
Sterling Financial Holdco to seek shareholders’ approval for N200 billion capital raise
The capital increase may be executed via rights issues, private placements, public offerings, or other transaction methods.
Wema Bank to seek shareholders’ approval for N200 billion capital raise
The company also plans to increase its issued paid-up share capital from N6.429 billion to N25 billion by creating an ...
FCMB Group to seek shareholders’ approval for N150 billion capital raise
The Group will also seek shareholders’ endorsement for the increase of the Company's issued share capital from N9,901,355,390.50 divided into ...
FBN Holdings cancels extraordinary meeting for N300 billion capital raise
The statement signed by Adewale Arogundade, Ag. Company Secretary noted that further information will be provided in due course, as ...
Guaranty Trust Holding mulls $750 million capital raise
More than 20 banks in Nigeria will need to raise extra capital within two years to meet the central bank's ...
AIICO insurance in talks with new investor to boost its capital base
In a notice to the Nigerian Stock Exchange (NSE) today, AIICO insurance Plc said it is in non binding talks ...
Dufil Prima, owners of Indomie wants to raise N40 billion in long term debt
Dufil Prima, the company behind the popular Indomie noodles, has signalled intentions to raise N40 billion from Nigeria’s debt markets. ...
