The Group CEO of Nigeria Exchange Group (NGX), Temi Popoola, commended FCMB Group for its digital innovation in their ongoing N110.9 billion public offer.
He noted that FCMB’s approach aligns with the NGX’s digital transformation goals and enhances the efficiency and accessibility of the capital market.
Popoola expressed strong support for FCMB’s capital raise to boost its operational capacity and growth initiatives.
The public offer, which began on July 29, 2024, involves 15.197 billion shares at N7.30 per share and will close on September 4, 2024.
The CEO of Nigerian Exchange Limited, Jude Chiemeka, also praised FCMB’s use of digital banking services, emphasizing the exchange’s commitment to ensuring a smooth process.
FCMB Group’s CEO, Ladi Balogun, highlighted the bank’s resilience and strong performance metrics despite challenging economic conditions.
He affirmed the Group’s dedication to delivering long-term value to shareholders and stakeholders.