This offering by FBNHoldings is based on one new ordinary share for every six ordinary shares held as at October 18, 2024.
Browsing: Recapitalisation
Access Holdings Plc said this in a statement it made available to the media in Lagos State on Wednesday.
Cardoso spoke at the UK-Nigerian Chamber of Commerce on: “The Impact of the Recapitalization of Nigerian Banks.”
The shareholders authorised the board of directors of the bank to raise additional capital through the issuance of securities.
In the new move, LCCI tasked CBN to effectively communicate significant changes in policy direction.
The deadline for the first phase of the exercise had been put at December 31, 2020.
The Nigerian Insurers Association on Saturday appealed to its member companies to take advantage of the extension of the recapitalisation deadline recently announced by the National Insurance Commission.