The Nigerian Business Weekly

The Nigerian Business Weekly

Share this post

The Nigerian Business Weekly
The Nigerian Business Weekly
First HoldCo Reports a 25% Oversubscription of Rights Issue

First HoldCo Reports a 25% Oversubscription of Rights Issue

Sunday 23rd March 2025

David Bristol-Alagbariya's avatar
David Bristol-Alagbariya
Mar 23, 2025
∙ Paid
1

Share this post

The Nigerian Business Weekly
The Nigerian Business Weekly
First HoldCo Reports a 25% Oversubscription of Rights Issue
Share

Share

I hope you are having an amazing Sunday! Welcome back to the ONLY newsletter that gives readers a weekly recap of the major events in the Nigerian Business World.

Despite aiming to raise N150 billion, First HoldCo Plc reported that its recently concluded rights issue was oversubscribed by 25%, with existing shareholders contributing N187.6 billion in sub…

Keep reading with a 7-day free trial

Subscribe to The Nigerian Business Weekly to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 David B. Bristol-Alagbariya
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share