Nigerian Banks Strategically Prepare for Major Capital Raise amid Economic Factors

Posted by - July 25, 2023

In response to a changing economic landscape, Nigerian banks are gearing up for a significant capital raise, with various institutions taking proactive measures to attract investors. Access Holding, the leading bank holding company, recently completed a non-dilutive $300 million capital investment in its flagship subsidiary, Access Bank Plc. This move has spurred other banks, including