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Wema Bank Approves N50bn Private Placement
The BusinessNG
|The Business NG
Wema Bank Plc has secured shareholder approval to raise N50 billion via private placement as part of its broader capitalisation plan, following the Central Bank of Nigeria's (CBN) recapitalisation directive for banks.
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The decision comes on the heels of the successful conclusion of its N150 billion rights issue, signaling a phased strategy to meet the new capital requirements without exploring merger or acquisition options.
هذه القصة من طبعة The BusinessNG من The Business NG.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Business NG
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