Bank Backed By Nigerian Gambling Magnate Kessington Adebutu, Seeks $145 Million Capital Raise

Wema Bank, a leading financial services provider partly owned by Nigerian gambling magnate Kessington Adebutu, is seeking approval to raise N200 billion ($145 million) in fresh capital. The bank will hold its annual general meeting (AGM) electronically on May 28, 2024, where shareholders will vote on the proposal. The capital increase aims to strengthen Wema […] The post Bank Backed By Nigerian Gambling Magnate Kessington Adebutu, Seeks $145 Million Capital Raise appeared first on The Capital NG.

Bank Backed By Nigerian Gambling Magnate Kessington Adebutu, Seeks $145 Million Capital Raise

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Advertise on doacWeb

WhatsApp: 09031633831

To reach more people from NGN1,000 now!

INCREASE YOUR SALES WITH NGN1,000 TODAY!

Advertise on doacWeb

WhatsApp: 09031633831

To reach more people from NGN1,000 now!

Wema Bank, a leading financial services provider partly owned by Nigerian gambling magnate Kessington Adebutu, is seeking approval to raise N200 billion ($145 million) in fresh capital. The bank will hold its annual general meeting (AGM) electronically on May 28, 2024, where shareholders will vote on the proposal. The capital increase aims to strengthen Wema […]

The post Bank Backed By Nigerian Gambling Magnate Kessington Adebutu, Seeks $145 Million Capital Raise appeared first on The Capital NG.

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