Browsing Tag
raise
2 posts
Zenith Bank set to raise N290b capital through rights issue, public offer – GMD
Zenith Bank PLC plans to raise N290 billion through a combination of a rights issue and public offer, the bank’s Group Managing Director/Chief Executive Officer (GMD/CEO), Dame Adaora Umeoji said in Lagos on Monday.
MTEF/FSP: Nigeria can’t rely on borrowing, must raise revenues to fund 2024 budget, says Edun
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, on Thursday, said Nigeria cannot rely on borrowing to fund the 2024 budget, noting that the nation must make necessary sacrifices to generate adequate revenues to reduce its current high deficit financing.