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Recapitalisation: FBNHoldings opens N150bn rights issue

According to Otedola, the offer is part of the company’s plan to recapitalise its commercial banking subsidiary, First Bank of Nigeria Ltd.

NGX market capitalisation sheds N371bn

Selloffs in BUA Cement, Guaranty Trust Holding Company (GTCO), and Transnational Corporation (Transcorp) underpinned the market’s weak performance.

Bears persist on NGX, capitalisation down N269bn

Sell-offs in MTN, others pull NGX market capitalisation down by N673bn

NGX: market capitalisation drops N1.1trn on sell-offs

Float fx denominated bond, recapitalise banks to strengthen Naira, expert advises FG

NGX market capitalisation gains N666bn, up 1.36%