FCMB Considers Selling Stakes in Subsidiaries to Meet CBN Capital Requirement …C0NTINUE READING HERE >>>
First City Monument Bank’s owners, FCMB Group, could be thinking about lowering their ownership of its subsidiariesProceeds from the transaction could help the lender meet the higher capital requirements if that route is followedBy March 2026, it hopes to have raised at least half a trillion naira in core capital (not including stock) for its banking operations
Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
To meet the…
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