# NASD targets N12bn Rights Issue for growth, infrastructure

> NASD Plc has commenced a capital raising exercise to raise N12bn via a Rights Issue, aimed at strengthening its equity base, satisfying regulatory capital requirements, and funding its transition into a composite exchange structure.

- Published: 2026-09-24T00:00:24.692Z
- Updated: 2026-09-24T00:00:24.692Z
- 1 source
- Topics: Economy, business and finance, Science and technology
- Involves: 480 million ordinary shares of N1 each at N25 per share, Anchoria Advisory, Anchoria Capital Group, Arese Ugwu, Capital Assets Limited, Capital Bancorp Plc, Damilola Titiladunola, Greenwich Capital Markets Limited, Kenechi Ezezika, N12bn Rights Issue, NASD Plc, Sam Chidoka

## How it developed

- 2026-09-24T00:00:24.692Z - Punch: [NASD targets N12bn Rights Issue for growth, infrastructure](https://punchng.com/nasd-targets-n12bn-rights-issue-for-growth-infrastructure/)

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