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Topic: Capitalisation: Fidelity Bank opens N127bn public offer  (Read 555 times)

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Capitalisation: Fidelity Bank opens N127bn public offer
« on: June 06, 2024, 01:03:19 PM »
Capitalisation: Fidelity Bank opens N127bn public offer

Fidelity Bank has signed the necessary documentation to raise about N127.1bn from a public offer and rights issue to its existing shareholders to raise its capital base in line with the Central Bank of Nigeria’s fresh capitalisation directive. A statement from the bank on Wednesday indicated that the bank is eyeing N97.5bn fresh funds from


 
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