Recapitalisation: Investors’ verification stalls bank shares allotment

Recapitalisation: Investors’ verification stalls bank shares allotment

Punchng | 22-10-2024 01:53pm |

As the initial phase of capital raising activities concludes, financial analysts have attributed the delay in the allotment of shares to the investor verification process conducted by the Central Bank of Nigeria. Following the announcement of the new capital base by the CBN in March, some banks have gone to the market to raise funds. Read More

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