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FBN Holdings Cancels EGM, Target Raising N300bn

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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.

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