Fidelity Bank undertakes N29.6bn rights issue, N97.5bn public offer to meet new capital base

Fidelity Bank Plc says it has concluded all necessary arrangements to raise a total of up to ₦127.1 billion by way of a Rights Issue to existing shareholders and a Public Offer. The Combined Offer is a part of the Bank’s strategy to increase its share capital base in compliance with the revised minimum capital […]

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