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Access Bank to raise N68bn in rights issue

Published by BusinessDay on Thu, 18 Sep 2014


Access Bank plc, with operations in eight other countries, plans to raise N68 billion ($420m) in a share sale as it pursues expansion and stronger cash reserves. Shareholders will vote on October 13, on the proposal to sell shares to existing investors, Busola Osilaja, a spokeswoman for the Lagos-based lender, said. The Nigerian Stock Exchange []
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