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Stanbic IBTC Holdings Plc Seeks to Raise N550 Billion to Meet CBN’s Requirements
In its recent report, Stanbic IBTC Holdings Plc announced that the firm plans to raise over N550 billion through a debt issuance program and a rights issue.The bank, in a notice filed with the Nigeria...
Access Holdings Shareholders Approve $1.5 Billion Capital Raise in AGM
It has been reported that shareholders of Access Holdings Plc, during its last Annual General Meeting (AGM), held in Lagos State, Nigeria, approved the $1.5 billion capital raise on Friday last week. ...
Access Holdings Profit Grows by 306% in 2023 FY
Access Holdings recently reported that its profits increased by 306.91% to N619.32bn for the financial year 2023, far from the corresponding year, which settled at N152.20bn in 2022.This was revealed ...
Cardoso Fulfills His Promise as He Clears $7 Billion Inherited FX Backlogs
On Wednesday, the Central Bank of Nigeria (CBN) announced that all previous pending valid foreign exchange backlogs were officially cleared, thereby fulfilling one of the important pledges Mr Olayemi ...
Access Holdings Gives Aigboje Aig-Imoukhuede the Chairman Seat
In its recent release, Access Holdings announced that Aigboje Aig-Imoukhuede has been named its new Chairman following the death of the Late Herbert Wigwe on February 10, 2024. Aig-Imoukhuede once ser...