Home Africa Nigeria: Access holdings holds formal signing ceremony for proposed N351bn rights issue

Nigeria: Access holdings holds formal signing ceremony for proposed N351bn rights issue

Nigeria: Access holdings holds formal signing ceremony for proposed N351bn rights issue

Africa Links 24 with Chima Nwokoji
Published on 2024-07-03 07:00:25

Access Holdings Plc   (“Access   Holdings” or “the Group”) on Tuesday, June 2, 2024, held a formal signing ceremony as part of the arrangements to raise a total of  N351,009,103,017.25 by way of a Rights Issue (“the Offer”) to existing shareholders.

The offer is part of the Group’s strategy to enhance its working capital requirements, which includes organic growth funding for its banking and non-banking subsidiaries.

The signing ceremony with respect to the   Offer was…

Read the Full article on Nigerian Tribune

Previous articleGambia: Brikama Market Vendors Lament Challenges Faced In Rainy Season –
Next articleNigeria: Bill to create Etiti State in South-East passes first reading — Africa Links 24