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JunFidelity Bank Plc has embarked on a significant capital-raising initiative amounting to N127.1 billion through a combined rights and public offer. This move has garnered enthusiastic support from stakeholders across the financial markets, underscoring the bank’s robust growth trajectory and investor-friendly reputation. The offering includes a rights issue of 3.2 billion ordinary shares priced at N9.25 per […]
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MayAt 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[…]
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MayShareholders of Unilever Nigeria Plc have approved the Board of Directors’ recommendation for a full-year dividend of N4.309 billion, translating to a dividend payout of 75 kobo per share. The approval came at the company’s 99th Annual General Meeting (AGM) held in Lagos. This dividend represents a significant increase of 200% compared to the 25 kobo dividend[…]
