First City Monument Bank issues commercial paper worth N30 billion

Nigerian Stock Exchange Forum
FCMB has issued a fresh N30 billion worth of commercial paper, as part of its N100 billion CP issuance program. This is shocking news by First City Monument. What do you guys think about this stuff? It seems like they are all running out of money and now they want to be raising fund from the public market. We have been following them a lot and follow their stock. What do you think guys?
Source: First City Monument Bank issues commercial paper worth N30 billion

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