Saturday 18 October 2025
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leadership - 8 days ago

Recapitalisation: FCMB Group Opens N160bn Public Offer For International Licence Renewal

FCMB Group Plc has commenced a N160 billion public share sale to strengthen its banking subsidiary and meet the Central Bank of Nigeria’s new N500 billion minimum capital requirement for international banks. The offering of 16 billion shares at N10 each runs until November 6, 2025. Proceeds will recapitalise First City Monument Bank Limited and [ ]


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Recapitalisation

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Group

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Opens

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N160bn

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Public

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Offer

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International

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Licence

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Renewal

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