AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
UBA N54bn Offer Opens Thursday.
(From Vanguard (Nigeria) - AAGM)
Byline: Omoh Gabriel
UNITED Bank for Africa (UBA) offer for subscription and Right Issue of 1,551,000,000 ordinary shares of 50 kobo each worth N54 billion will be opened to existing shareholders and prospective ones on Thursday.
The offer, if fully subscribed, will raise the bank's shareholders' funds from its present N48 billion to N102 billion. The offer, if over subscribed by N20 billion, will raise the bank's shareholders to N122 billion which will make the bank the first to hit the $1billion minimum capital base required by the Central Bank (CBN) to manage part of the nation's foreign reserves.
The …
-
- UBA N54 Billion Offer Opens Thursday.
-
Newspaper article from: Vanguard (Nigeria)
February 26, 2007
700+ words
