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FCMB clarifies N400 billion capital-raise ceiling, move triggered by CBN compliance
•about 2 months ago••Credibility: /100
FCMB Group Plc has clarified that its decision to increase the limit of its capital-raising authority from N340 billion to N400 billion is not an attempt to initiate a new fundraising round but a regulatory compliance measure necessitated by a recent circular issued by the Central Bank of Nigeria (CBN). The post FCMB clarifies N400 billion capital-raise ceiling, move triggered by CBN compliance appeared first on Nairametrics.
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