Home Business Capital FBN Holdings Cancels EGM, Target Raising N300bn
Capital

FBN Holdings Cancels EGM, Target Raising N300bn

Share
Share

FBN Holdings has cancelled the Extraordinary General Meeting (EGM) earlier scheduled to seek authorization  for  a capital raise of up to N300 billion, and other ancillary matter.

This is contained in a notice to the Nigerian Exchange signed by Adewale Arogundade, Acting Company Secretary, that the EGM would have been held virtually on Tuesday, April 30, 2024.

The statement assured that further information will be provided in due course as appropriate.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

United Capital Asset Management Unveils Two New Mutual Funds To Empower Investors In Francophone West Africa

United Capital Plc has officially commenced operations of its latest subsidiary, United...

Alleged N10bn Fraud: Ponzi Operator Arraign In Lagos

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission,...

DMO Issues N50b Green Bond To Fund Climate Projects

The Federal Government of Nigeria through the Debt Management Office (DMO), has...

SEC Announces Punisher Coin as Illegal Operator

“PUNISHER COIN” The attention of the Securities and Exchange Commission (“The Commission”) has...