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FCMB Group Launches ₦160bn Public Share Offer to Meet Capital Requirements

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FCMB Group Launches ₦160bn Public Share Offer to Meet Capital Requirements

FCMB Group recently launched a ₦160 billion public share offer to comply with the Central Bank of Nigeria's new capital requirement. The offer comprises 16 billion shares and is set to close on November 6, 2025.

The bank had previously oversubscribed a 147.5 billion share sale in 2024. The move is part of FCMB's three-stage recapitalization plan to strengthen its financial position and secure its international banking license.

Interested investors can contact CSL Stockbrokers for inquiries.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

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