
Fidelity Bank Plc initiated ₦97.5 billion Public Offer, ₦29.6 billion Rights Issue
Fidelity Bank Plc, also known as “Fidelity Bank” or the “Bank,” has completed all required preparations to raise up to ₦127,100,000,000.00 (one hundred twenty-seven billion, one hundred million naira) through a public offer and a rights issue to current shareholders (the “Combined Offer”). The Central Bank of Nigeria (“CBN”) on March 28, 2024, updated the…