Tag: Fcmb
FCMB Asset Management rebrands Mutual Funds, cuts Investment entry thresholds
FCMB Asset Management Limited has announced the rebranding of four of its mutual funds following regulatory approval from the Securities…
₦5m, ₦10m Zero-interest Loans: SheVentures Opens Applications for Women Entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up…
Why Nigerian Publishers must rethink Revenue Models
For many Nigerian publishers, the model that once sustained journalism is no longer working. Advertising, long the backbone of print,…
Sam Pharmaceuticals opens Factory in Nigeria with FCMB, BoI Support
Sam Pharmaceutical Limited has opened a new manufacturing facility in southwestern Nigeria, expanding local drug production capacity as the country…
FCMB taps Cultural Economy to Drive Inclusion at 2026 Ibadan Festival
First City Monument Bank (FCMB) is positioning culture as an economic engine, leveraging platforms such as the Ibadan Cultural Festival…
Lagos, World Bank, FCMB drive $500m Programme to boost Education, Healthcare
The Lagos State Government has intensified efforts to strengthen basic education and primary healthcare delivery through a $500 million reform…
FCMB Links Value-chain Coordination to Improved Food Security
Stakeholders across Nigeria’s agriculture sector called for stronger coordination across the value chain to improve productivity and food security at…
Oyo, FCMB, Mastercard Foundation disburse ₦1.5 billion to Youth Farmers
Oyo State Government and First City Monument Bank (FCMB) have supported 1,000 young agripreneurs to boost food production and support…
FCMB limits exposure in Fraud attempt
More than ₦3 billion was targeted, but about ₦677 million reached the culprits, with recovery and prosecutions underway, reflecting how…
FCMB hits ₦500bn Capital Mark, Retains International Banking Licence
In July 2024, FCMB raised ₦144.6 billion through a public offer that was oversubscribed by 33 per cent and attracted…
FCMB, FMO, HeaveVentures power new wave of AgriTech Innovation
Also commenting, Abiodun Lawal, CEO of HeaveVentures, stated: “This hackathon demonstrates the power of collaboration between financial institutions and the…
FCMB named Nigeria’s best SME-focused bank for 2025 by CIBN
Representing FCMB’s Managing Director and CEO, Mrs Yemisi Edun, Executive Director of Wholesale Banking, Obaro Odeghe, said the award reinforces…
FCMB launches Mutual Funds Access on Mobile App
Yemisi Edun, Managing Director, First City Monument Bank, said: "What we are building goes beyond digital convenience. It is about…
FCMB, NCDMB, BoI roll out ₦15bn Loan Scheme for local oil, gas contractors
Speaking on the partnership, Yemisi Edun, FCMB’s Managing Director and Chief Executive Officer, described the initiative as a vital tool…
FCMB, FMO launch ₦20M AgriTech Investment Readiness Programme for Nigerian Startups
Speaking on the programme, Mr. Kudzai Gumunyu, Divisional Head of Agribusiness & Non-Oil Exports at FCMB, said: “This programme is…
FCMB, IFC empower Nigerian women with Goldman Sachs 10,000 Women Programme
FCMB’s collaboration builds on its SheVentures initiative, which has empowered thousands of Nigerian women entrepreneurs over the past five years…
Pension boom: FCMB Pensions smashes July 2025 rankings with 5.68% return
RSA Fund III, targeted at contributors aged 50 and above, posted a 3.18% average return, with Crusader Sterling Pensions topping…
FCMB Group posts ₦79.3bn Profit Before Tax in first half of 2025
The Banking Group contributed the largest share to Group PBT at 82%, followed by Consumer Finance (11.6%), Investment Management (4.8%),…
FCMB commits $40M to Luxury Green Tower in Eko Atlantic
The project will include a hotel, commercial centre, retail outlets, multipurpose halls, a cinema complex, gaming arcade, wellness centre, and…
Enactus awards FCMB for driving Youth-led social impact across Nigeria
Speaking at the event, Michael Ajayi, Country Manager of Enactus Nigeria, praised FCMB for its hands-on approach and deep alignment…
Oyo, FCMB launch ₦1.5 billion fund to empower 1,000 Youth Agropreneurs
Akande revealed that the state has so far trained 5,020 youths in various aspects of agribusiness, noting that 1,000 of…
REA, FCMB unveil ₦100bn Power Deal to light up two million Nigerian homes
FCMB Managing Director and CEO, Yemisi Edun, echoed the commitment: “Access to energy fuels enterprise, education, and better livelihoods. Our…
FCMB crowns four new millionaires in latest Savings Promo draw
Adetunji Lamidi, Divisional Head of Personal Banking at FCMB, explained that the Millionaire Promo is part of the bank's mission…
FCMB closes 2024 with stunning N7.1 trillion in assets, declares dividend
Group Chief Executive, Mr. Ladi Balogun, acknowledged the tough operating environment but highlighted the dedication of the Group’s staff and…
FCMB’s training programme is transforming our businesses – Entrepreneurs
The sessions focused on financial literacy, digital marketing, business planning, and sustainable growth strategies. Participants also benefited from free business…
FCMB storms Ogbomosho with new branch to supercharge local economy
The expansion, aimed at boosting financial inclusion and local economic growth, was formally inaugurated on March 12 in a ceremony…
FCMB Group unleashes ‘The Power of the Group’ to redefine success
The statement said celebrating collaboration, innovation, and impact, 'The Power of the Group' TVC affirms the power of collective action.
How FCMB is changing lives of Nigeria’s blind community – FNSB
Hameed Kareem, an assistant teacher at Bethesda Home for the Blind, also praised the bank’s efforts, offering prayers for its…
Women-Led Businesses, Agriculture to Benefit from $35m FCMB Deal
With Nigeria aiming for accelerated economic growth, partnerships like this one between Proparco and FCMB are pivotal. These efforts drive…
FCMB Announces Appointment of Executive Director
The appointment of Obozuwa followed approval from the Central Bank of Nigeria (CBN), FCMB said in a statement on Thursday.…