FBN Holdings Launches N150 Billion Rights Issue to Boost First Bank’s Expansion and Digital Services

FBN Holdings Plc (FBNH) has opened a rights issue, offering nearly 6 billion new shares to existing shareholders at a price of N25 per share. The rights issue aims to raise N150 billion to bolster the company’s capital reserves and strengthen First Bank of Nigeria Ltd, its commercial banking subsidiary. Announced on Sunday by FBN … Continue reading FBN Holdings Launches N150 Billion Rights Issue to Boost First Bank’s Expansion and Digital Services