FCMB Group plans N110.9bn share public offer for recapitalization and business growth.

Nigeria's FCMB Group, a financial services holding firm, plans to raise N110.9bn through a share public offer, part of their recapitalization efforts. The funds will be used for business growth, focusing on sectors such as agriculture, SMEs, and non-oil exports, and will also be utilized for technological investments and market expansion. The company's Facts Behind the Offer session at the Nigerian Exchange highlighted its strong financial performance and strategic trajectory.

August 22, 2024
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