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The Nexus
BUSINESSAug 3 · 12:32 UTCBLOOMBERGEmele Onu

Nigeria’s Top Bank Offers $1 Billion Shares Held by Bridge Firm

First HoldCo Plc plans to raise 1.4 trillion naira ($1 billion) through a share sale after receiving approval from the Central Bank of Nigeria. The move involves shares held by a bridge firm and is the first such effort by the nation’s largest lender.

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First HoldCoorganizationCentral Bank of NigeriaorganizationNigeriaplace
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Nigeria’s Top Bank Offers $1 Billion Shares Held by Bridge Firm · The Nexus