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Recapitalisation: UBA Seeks NGX Approval For N157.89bn Rights Issue

United Bank for Africa (UBA) Plc has disclosed plans to raise N157.89 billion through a rights issue. This was contained in a notice on the Nigerian Exchange (NGX) and signed by head of Issuer Regulation at NGX, Godstime Iwenekhai. The statement revealed that UBA, through its stockbroker United Capital Securities Limited, submitted an application for […]


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