Wema Bank to raise N200bn via rights, private placement

Wema Bank to raise N200bn via rights, private placement

Wema Bank has announced plans to raise an additional N200bn in its final tranche of the recapitalisation exercise. According to a statement from the bank on Wednesday, the additional funds would be raised via a combination of rights issues and a private placement exercise set to go live on April 1, 2025. The Central Bank

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