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NGX All-Share Index gains 412 points — MTN, Zenith, GTCo top movers CBN holds MPR at 27.5% — rate cuts possible Q3 2026 Dangote Refinery begins export of refined petroleum products SEC Nigeria approves new digital assets trading framework NGX All-Share Index gains 412 points — MTN, Zenith, GTCo top movers CBN holds MPR at 27.5% — rate cuts possible Q3 2026
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    Capital Boost in Motion: Ecobank Launches $250 Million Private Placement to Strengthen Financial Muscle

    Capital Boost in Motion: Ecobank Launches $250 Million Private Placement to Strengthen Financial Muscle Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has officially announced its intention to raise up to $250 million in Additional Tier 1 capital through a...
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    Rand Merchant Bank Nigeria Launches N40bn Debt Programme to Bolster Liquidity

    Rand Merchant Bank Nigeria Launches N40bn Debt Programme to Bolster Liquidity Rand Merchant Bank Nigeria (RMB Nigeria) has registered a N40 billion Multi-Instrument Issuance Programme through its funding vehicle, RMB Nigeria Issuance SPV. This innovative financing strategy aims to provide...
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    CAPITALISATION: BANKS ENLIST WORKERS TO BOOST CAPITAL BASE

    CAPITALISATION: BANKS ENLIST WORKERS TO BOOST CAPITAL BASE Summary: - Context: To meet Central Bank of Nigeria (CBN) recapitalisation requirements, Deposit Money Banks have mobilized employees to help increase their capital base. Details: 1. Employee Targets: - Bank employees have been...
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    FIDELITY BANK PLANS N26.7BN CAPITAL RAISE

    FIDELITY BANK PLANS N26.7BN CAPITAL RAISE KEY DETAILS: - Capital Increase: Fidelity Bank has announced plans to raise its issued share capital from N22.6 billion to N26.7 billion by creating up to 8.2 billion additional ordinary shares, each valued at 50 Kobo. - Corporate Notice: This move...
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    ACCESS HOLDINGS BEGINS N351BN CAPITAL RAISE JULY 8

    Access Holdings Plc will open a rights issue of 17,772,612,811 ordinary shares to existing shareholders on Monday, July 8, 2024. The Group Managing Director, Bolaji Agbeje, stated that the rights issue, priced at N19.75 per share on a one-for-two basis, aligns with the company’s strategic plan...
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