Why CBN Disqualified FCMB, Wema Bank, Four Others from $876m FX Sales
Aduragbemi Omiyale By Aduragbemi Omiyale Last week, the Central Bank of Nigeria (CBN) sold foreign exchange (FX) to some banks…
FCMB
FCMB Gets $25m to Fund Disruptive Business Models in Agric
Adedapo Adesanya By Adedapo Adesanya The Dutch entrepreneurial development bank, FMO, and Nigerian lender, First City Monument Bank (FCMB), have…
FCMB Proposes 50 Kobo Dividend for FY 2023
By Aduragbemi Omiyale The board of FCMB Group Plc has proposed the payment of a 50 Kobo dividend…
Webinar on How MPC Decisions Affect SMEs’ Access to Funds Holds Friday
Modupe Gbadeyanka By Modupe Gbadeyanka On Friday, March 22, 2024, some industry experts will discuss how the decisions of the…
FCMB Founder Subomi Balogun Dies
By Modupe Gbadeyanka The founder of First City Monument Bank (FCMB), Mr Subomi Balogun, has reportedly died. According…
FCMB to Sell N30bn Bond Under N300bn Debt Issuance Programme
By Aduragbemi Omiyale A mid-level financial institution, FCMB Plc, is planning to sell bonds worth N30 billion to…
Verve GoodLife Promo 3.0 Produces More Winners
By Modupe Gbadeyanka More winners have emerged in the Verve GoodLife Promo 3.0, which is expected to conclude…
AfDB Gives FCMB Fresh $50m to Finance Women-owned Businesses
By Adedapo Adesanya An additional $50 million line of credit has been given to First City Monument Bank…
FCMB Impresses With 34.02% Growth in Earnings, 44.44% Rise on PAT
Dipo Olowookere By Dipo Olowookere Mid-level Nigerian lender, FCMB Plc, maintained an impressive financial performance in the first quarter of…
Crypto Ban: CBN Fines FCMB N400m Over Failure to Close Customers’ Accounts
By Dipo Olowookere Mid-level lender, First City Monument Bank (FCMB), got a knock from the Central Bank of…