FBN Holdings Has Announced A N150bn Rights Issue.

FBN Holdings Plc has started a rights issue to try to get an extra N150 billion in capital. They are giving away 5.983 billion ordinary shares at N25 each, worth 50k each, to current shareholders. This offer is open to shareholders who owned shares as of October 18 and is based on a one-for-six ratio, … Continue reading FBN Holdings Has Announced A N150bn Rights Issue.