FCMB Group opens N160bn public offer to retain international licence

Tribune OnlineFCMB Group opens N160bn public offer to retain international licenceFirst City Monument Bank (FCMB) Group Plc has opened a N160 billion public offer to bolster its capital base and enable its banking subsidiary, First City Monument Bank Limited, to retain its international banking licence under the Central Bank of Nigeria’s (CBN) new recapitalisation policy. The offer, which consists of 16 billion ordinary shares priced

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