FCMB raises capital target to N400 billion, triggering concerns over dilution 

FCMB Group Plc’s rapid escalation of its capital raise ceiling—from N340 billion to N370 billion, and now to N400 billion- is generating serious concern among investors and shareholders groups who argue that the bank’s shifting targets risk diluting shareholder value and undermining confidence in its management strategy. The new proposed increase, contained in a new […]

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