CBN, SEC approve FCMB Group’s rights offer
The Central Bank of Nigeria and the Securities and Exchange Commission have approved the N147bn rights offer of FCMB Group. This was disclosed in a statement issued on Monday which was signed by the Company Secretary, Olufunmilayo Adedibu. This marked the second approval from the CBN in days on the first tranche of capital-raising exercise of banks this year. It was revealed that the offer was oversubscribed by 33 per […]