20

May

Stanbic IBTC Holdings Plc Shareholders Approve Capital Raising Plans

At its 12th Annual General Meeting held in Lagos, the shareholders of Stanbic IBTC Holdings Plc approved several key capital raising initiatives proposed by the company. The shareholders approved the Board’s proposal for a N400 billion debt issuance program and additional N150 billion in equity capital. For the debt issuance program, shareholders gave the green light for[…]