Through a rights issue, Access Bank Plc, Nigeria’s biggest lender by assets, raised N351 billion ($228 million)Its new capital is 20% over the bare minimum required for foreign banks operating in the West African countryThe bank also stated that both the CBN and the SEC have approved the fresh capital influx with their regulatory licenses
Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
Access Bank Plc, the largest lender…
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