FirstBank meets CBN’s N500bn capital requirement ahead of deadline

First HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has met the Central Bank of Nigeria’s (CBN) minimum capital requirement of N500 billion. The holding company disclosed this in a press statement, noting that the milestone was achieved through a combination of capital initiatives, including a Rights Issue, a […] The post FirstBank meets CBN’s N500bn capital requirement ahead of deadline appeared first on QED.NG.

FirstBank meets CBN’s N500bn capital requirement ahead of deadline

First HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has met the Central Bank of Nigeria’s (CBN) minimum capital requirement of N500 billion. The holding company disclosed this in a press statement, noting that the milestone was achieved through a combination of capital initiatives, including a Rights Issue, a […]

The post FirstBank meets CBN’s N500bn capital requirement ahead of deadline appeared first on QED.NG.

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