Fidelity Bank Plc set to raise capital via public offer

Fidelity Bank Plc has announced plans to raise capital via a combination of a public offer and a rights issue.  The tier 2 bank made this announcement via a press release on the NGX.  At the current share price of N7.3, the sale could fetch the bank fresh capital of about N96.3 billion.  Fidelity Bank says it is to raise its share capital to N22.60 billion as … Continue reading Fidelity Bank Plc set to raise capital via public offer