FBN Holdings Plc (FBNH) has initiated a major capital raise through a rights issue, offering nearly 6 billion new shares to strengthen its flagship subsidiary, First Bank of Nigeria Limited. The rights issue, valued at approximately ₦149.6 billion, was formally launched at a signing ceremony he
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Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.

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