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.







