FCMB Group Plc has won shareholder approval for a 340 billion naira capital increase. The clearance, obtained during an extraordinary general meeting held both in Lagos and remotely, is critical ...
The total assets of 10 major Nigerian banks increased by 22.5 percent in the first quarter of 2024, according to data gathered by BusinessDay. These banks include Zenith Bank Plc, ...
FCMB Group Plc reported a profit before tax of N104.4 billion, an 186 percent year-on-year (YoY) rise from N36.6 billion in 2022, with earnings growth across all business sectors. Banking ...
FCMB Group has reported a 206.86 per cent increase in its profit for the financial year ended December 2023 to N95.52bn. This was revealed in the unaudited annual report and ...
On Friday, May 19th, 2023, the Nigerian business world was shocked to learn that Otunba Subomi Balogun, the founder of First City Monument Bank (FCMB), and Olori Omoba of Ijebuland, ...
FCMB Group Plc has said it 500,000 new customers which pushed its customer base to 11.4 million in the first quarter of 2023. This growth, it said, reflected the Group’s ...
First City Monument Bank Plc has unveiled a plan to raise N30bn from the local debt capital market, the group said in a regulatory filing. In a public disclosure submitted ...
First City Monument Bank (FCMB) has launched a contactless, cardless, and cashless Quick Response (QR) code to boost instant payments for goods and services. The Bank introduced the payment solution ...
The African Development Bank (AfDB) has signed an agreement with First City Monument Bank (FCMB) for a $50 million line of credit to support access to finance for small and ...
The African Development Bank (AfDB) has signed a 50-million-dollar line of credit agreement with First City Monument Bank (FCMB) to support access to finance for small and medium-sized businesses and ...
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