Highlight the purpose of the rights issue and its impact on Nigeria’s financial sector. Example: Explore how Stanbic IBTC’s N148.7 billion rights issue on NGX Invest is driving growth in key sectors like oil, gas, and sustainable finance. The Nigerian Exchange (NGX) is redefining capital-raising in Nigeria through its revolutionary e-offering platform, NGX Invest. The […]
Stanbic IBTC Holdings has introduced a rights issue worth N148.7 billion to the Nigerian Exchange (NGX). This initiative involves the issuance of 2,944,772,083 ordinary shares, each priced at 50 kobo. This announcement was made during the “Facts Behind The Figures” event on January 21, 2025, hosted by Mr. Jude Chiemeka, CEO of Nigerian Exchange Limited. […]
