Wema Bank tops CBN capital requirement after N150b rights issue

Wema Bank has surpassed the Central Bank of Nigeria’s (CBN) minimum capital requirement for lenders with national licences after successfully raising 150 billion naira ($97 million) through a rights issue, the lender said on Thursday. The fundraising lifts Wema’s qualifying

The post Wema Bank tops CBN capital requirement after N150b rights issue appeared first on The Guardian Nigeria News – Nigeria and World News.

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