Tag: #BankingCapital
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GTCO RAISES N10BN VIA PRIVATE PLACEMENT – CBN & SEC APPROVED
Big banks stacking cash: GTCO just got the green light from CBN and SEC to pocket N10 billion through a private share placement—right on the heels of smashing new capital rules. The holding company announced Tuesday it’s issuing 125 million ordinary shares at N80 each in a “best efforts” deal, closing December 31 (pending final…
