rights issue

Ignore Mischief Makers, Our Licence Not At Risk Of Revocation By CBN – Fidelity Bank

Jun 18, 2024. by Praise Ben

Fidelity Bank Plc. dismisses rumors of its license revocation by the CBN, assuring strong financial stability and announcing a N127.1 billion capital raise through a public offer and rights issue. EKO HOT BLOG reports that Fidelity Bank Plc. has dismissed rumours circulating about a potential revocation of its operating licence by the Central Bank of Nigeria … Read more

International Breweries Gets NSE’s Nod for N164.4bn Rights Issue

Dec 3, 2019. by Ekohot Editor

The Nigerian Stock Exchange (NSE) has granted the application filed by the board of International Breweries Plc for the listing of its proposed rights issue on the platform. The breweries giant is planning to raise fresh funds of up to N164.4 billion by selling shares to its existing shareholders at a unit price of N9 … Read more