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FBN Holdings a Tier one Nigerian lender has cancelled an Extraordinary General Meeting (EGM), scheduled to be held on Tuesday, April 30, 2024.
The meeting was to consider and authorize the Company to undertake a Capital raise of up to N300 billion, and other ancillary matters.
FBN Holdings and other Nigerian banks have been mandated by the Central Bank to raise more capital as part of higher capital requirements.
 Follow the MoneyCentral Nigeria channel on WhatsApp: Click here!, scheduled to be held on Tuesday, April 30){kind=link}