FirstHoldco announces 25% oversubscription of N150bn rights issue, preparing for N350 billion private placement

FirstHoldco Plc has disclosed the successful completion of its N150 billion Rights Issue, which was oversubscribed by an impressive 25%. This milestone sets the stage for the companys next phase: a planned Private Placement to raise an additional N350 billion. Speaking on the capitalisation exercise, Adebowale Oyedeji, Group Managing Director of FirstHoldco Plc, highlighted the []The post FirstHoldco announces 25% oversubscription of N150bn rights issue, preparing for N350 billion private placement appeared first on Nairametrics.
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