Nigeria's Fidelity Bank announced plans to raise a total of 127.1 billion naira through a rights issue and public offer to comply with new minimum capital requirements. Following the announcement, shares in the mid-sized lender fell by the most in more than a month after it announced advisors for the sale of fresh equity.
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Shares in Nigeria’s mid-sized lender Fidelity Bank fell by the most in more than a month after it announced advisors for the sale of fresh equity to meet a new capital threshold https://t.co/SmxeA5Fw74
Shares in Nigeria’s mid-sized lender Fidelity Bank fell by the most in more than a month after it announced advisors for the sale of fresh equity to meet a new capital threshold https://t.co/0osQi3Y4bu
Shares in Nigeria’s mid-sized lender Fidelity Bank fell by the most in more than a month after it announced advisors for the sale of fresh equity to meet a new capital threshold https://t.co/XHVFp6PzT8
Nigeria's Fidelity Bank to sell shares to meet new capital requirement https://t.co/qsaK0zORfc https://t.co/YPJwnyMCmh
⚠️ NIGERIA'S FIDELITY BANK TO RAISE TOTAL OF 127.1 BILLION NAIRA VIA RIGHTS ISSUE AND PUBLIC OFFER TO COMPLY WITH NEW MINIMUM CAPITAL -STATEMENT