Exclusion of Retain Earnings to Complicate Banks Recapitalisation –Moody’s
Exclusion of Retain Earnings to Complicate Banks Recapitalisation –Moody’s Retain earnings of Nigeria’s deposit money banks (DMBs) excluded from capital base calculation will complicate recapitalisation plans for lenders, Moody’s Rating…
Read moreFBN Holdings Shrinks by 14.2% as Price Retreats
FBN Holdings Shrinks by 14.2% as Price Retreats FBN Holdings (FBNH) Plc shrank by more than 14% due to shareholders’ stock selloffs in the local bourse ahead of the first…
Read moreAccess Holdings Seeks N565bn from Rights Issue, Private Placement
Access Holdings Seeks N565bn from Rights Issue, Private Placement Access Holdings Plc has revealed a plan to raise N565 billion in capital from the local debt capital market to augment…
Read moreEquities Investors Wealth Declines by N623bn in Nigerian Market
Equities Investors Wealth Declines by N623bn in Nigerian Market Investors in stocks lost roughly N623 billion as a result of selling rallies on the Nigerian Exchange (NGX) floor the previous…
Read moreNigerian Breweries to Raise N600bn from Shareholders
Nigerian Breweries to Raise N600bn from Shareholders Due to the need to raise its capital profile, Nigerian Breweries (NB) Plc will be raising N600 billion from its shareholders. Those shareholders…
Read moreGTCO Plans Rights Issue, Private Placement Worth N525bn
GTCO Plans Rights Issue, Private Placement Worth N525bn Guaranty Trust Holdings Company (GTCO) Plc, the top tier-1 financial institution in Nigeria, has disclosed plans to raise N525 billion from the…
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