Recapitalisation: Governance in focus as competition for scarce funds intensifies

The Central Bank of Nigeria (CBN) requires tier 1 banks to raise their Capital (defined as share capital plus share premium) to N500 billion. The options available to banks are right are a private placement, a public offer to the general public and a right issue for existing shareholders.

The post Recapitalisation: Governance in focus as competition for scarce funds intensifies appeared first on The Guardian Nigeria News – Nigeria and World News.

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