Tag: capital raise
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AGMB Seeks N10 Billion: A Smart Opportuntity for Investors in Nigeria’s Mortgage Sector
AGMB announces a bold N10 billion capital raise AG Mortgage Bank Plc (AGMB) has unveiled a strategic plan to raise N10 billion through debt and equity financing. The objective is clear: expand AGMB’s lending capacity, accelerate the rollout of eco-friendly mortgage products, and broaden access to affordable housing across Nigeria. This capital boost positions the…
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AGMB’s Bold 10 Billion Naira Funding Plan: Financing Nigeria’s Housing and a Greener Mortgage Future
Overview: AG Mortgage Bank’s strategic capital raise AG Mortgage Bank Plc (AGMB) has announced a significant fundraising initiative, targeting a 10 billion naira infusion through a combination of debt and equity. The aim is to scale operations, expand product offerings, and deploy eco-friendly mortgage solutions that align with Nigeria’s growing housing demand. By mobilizing more…
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Cango Inc. Secures Strategic Equity Investment from EWCL to Accelerate Bitcoin Mining and AI Compute Expansion
Overview: Cango’s New Partnership with EWCL Cango Inc. (NYSE: CANG), a global leader in Bitcoin mining and a developer of an integrated energy and AI compute platform, announced a strategic equity investment from Enduring Wealth Capital (EWCL). The transaction marks a significant milestone in Cango’s growth strategy, reinforcing its position in the rapidly evolving digital…
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Legend Internet Plc: Shareholders Approve N150 Billion Capital Raise and Acquisition Plans
Legend Internet Plc Secures Shareholder Backing for Ambitious Growth In a landmark decision, Legend Internet Plc’s shareholders gave the thumbs-up to a bold capital expansion plan during the company’s 2nd Annual General Meeting (AGM) held in Abuja on 7 November 2025. The approval clears the way for raising up to N150 billion in additional capital,…
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Legend Internet Plc Secures Shareholder Approval for N150 Billion Capital Raise and Acquisition Strategy
Legend Internet Plc Moves Forward with Ambitious Capital Raise and Acquisition Plan Legend Internet Plc has secured formal backing from its shareholders to pursue a substantial capital raise of up to N150 billion, signaling a bold growth strategy for the Nigerian tech and digital services group. The approval came at the company’s 2nd Annual General…
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Legend Internet Plc: Shareholders approve N150b capital raise and acquisitions
Overview Legend Internet Plc has won shareholder backing for a significant expansion plan, approving a capital raise of up to N150 billion and outlining strategic acquisition moves. The decision was reached at the company’s 2nd Annual General Meeting, held in Abuja on 7 November 2025. The approval signals a bold growth trajectory for Legend Internet…