Zenith Bank Plc successfully secures N350.46 billion via a hybrid capital offer, fulfilling the Central Bank of Nigeria’s (CBN) N500 billion capital requirement. The hybrid offer combines a rights issue and a public offer, both receiving overwhelming investor participation. The rights issue comprises 5.23 billion ordinary shares priced at N36.00 per share, achieving 100.18% subscription. … Continue reading Zenith Bank Raises N350.46 Billion Through Hybrid Capital Offer