Zenith Bank Plc has reported its audited results for the half-year ending June 30, 2024, showcasing a remarkable 117% growth in gross earnings, from...
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Maroc - NIGERIANFRANKNEWSNG.COM - A La Une - 30/Jul 20:29
Zenith Bank set to begin ₦290 billion capital raising exercise through rights issue, public offer
Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance with the revised minimum capital requirements for Nigerian commercial banks introduced by the Central Bank of Nigeria (CBN). This announcement was made during the Zenith Bank Rights Issue/Public Offer Signing Ceremony held yesterday, July 29, 2024, at The Civic Centre, Victoria Island, Lagos. This event marks a significant milestone in the bank’s previously announced capital-raising programme, aimed at bolstering its capital base and supporting its growth trajectory across its banking and non-banking subsidiaries. The Rights Issue offers 5,232,748,964 […]
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