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Tag: Fcmb

FCMB to raise additional N150bn in third quarter of 2024

Business

FCMB to raise additional N150bn in third quarter of 2024

According to Balogun, the company has retained 80 per cent of its profits to support its growth and expansion initiatives.
Gen Zs and Millennials Shouldn’t Think Retirement Is Too Far Off

Business

Gen Zs and Millennials Shouldn’t Think Retirement Is Too Far Off

  Steak and grills every weekend, a trip to that music festival you always wanted, maybe even owning a place…
FCMB, US Government partner to strengthen Nigeria’s private health sector

Business, News

FCMB, US Government partner to strengthen Nigeria’s private health sector

At a ceremony held at the First City Monument Bank (FCMB) Headquarters in Lagos, Nigeria, the U.S. Agency for International Development (USAID)…
FCMB Group

Business

FCMB Group posts N31.3bn profit in first quarter of 2024

According to the bank, this impressive performance across all business segments directly results from FCMB Group's strategic initiatives, which align…
Court jails Nwachukwu Placidus, a former manager of FCMB in Onitsha 121 years for stealing N112 million belonging to a customer.

Top Stories

Ex-FCMB manager bags 121-year jail term for stealing customer’s N112m

Placidus was arrested following a petition by Idemili Microfinance Bank LTD to the Economic and Financial Crimes Commission, EFCC. The…
FCMB Group

Business, News

FCMB Group records 186% profit growth, proposes 50k dividend

For the year ended December 31, 2023, FCMB Group Plc grew deposits, loans, assets under management, revenue and earnings and…
ReelFruit champions sustainable manufacturing with support from FCMB

Business

ReelFruit champions sustainable manufacturing with support from FCMB

 First City Monument Bank (FCMB) has reaffirmed its commitment to sustainable manufacturing that minimizes negative environmental impact while conserving energy and…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

FCMB Launches Accelerator Programme to Empower One Million SMEs

First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises…
First City Monument Bank (FCMB) records Profit Before Tax (PBT) of N111.9 billion for the financial year ending Dec. 31, 2024.

Business, News

Unpaid loan: FCMB drags Lagos businessman to court

The bank said following the defendant's refusal to repay the outstanding debt,the bank activated the clause 5 of the Deed…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

Development Bank Recognises FCMB for Supporting SMEs, Green Projects

First City Monument Bank (FCMB), a leading supporter of small and medium-sized enterprises (SMEs) in Nigeria, has extended credit totaling…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

FCMB Celebrates Excellent Team Service

As the world celebrates Customer Service Week 2023, First City Monument Bank (FCMB) is honouring its valued customers and dedicated…
Yahoo Boy Odeh who lodges N6m fraud proceeds in FCMB jailed

Metro

Yahoo Boy Odeh who lodges N6m fraud proceeds in FCMB jailed

Justice O.A. Egwuatu of the Federal High Court, Maitama, Abuja, heard how Odeh lodged the money in his FCMB account…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

Export: SheVentures Offers Interest-Free Loans to Women Entrepreneurs

First City Monument Bank (FCMB) has launched the SheVentures Export Readiness Programme, a new initiative to support women-owned businesses in…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

FastCash offers parents up to N200,000 to make back-to-school easier

As students get set to resume another academic session, FastCash, powered by First City Monument Bank (FCMB), is offering parents…
FCMB Premium Banking: Growing Wealth and Ensuring Financial Well-Being

Business

FCMB, Tulsi Chanrai Foundation restore sights of over 2,000 in Kebbi (photos)

First City Monument Bank (FCMB) and Tulsi Chanrai Foundation (TCF) have restored the sight of over 2,000 visually impaired people…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

FCMB offers N10m clean energy loan to households, small businesses

Nigerian households and small businesses looking to acquire solar panels, batteries, inverters, and other green energy equipment now have access…
The account of Algrain Foods Limited became toxic in the year 2016 and the Trustee appointed Mr. Ade Oyebanji SAN as the Receiver

Business

FastCash distributes N105b in digital loans to over 3 million Nigerians

FastCash, an instant loan solution powered by First City Monument Bank (FCMB), has disbursed over 3 million loans worth N105…
These awards underscore FCMB's commitment to impactful lending, actively driving economic growth and job creation across Nigeria

Business

Asset Finance: FCMB Offers N100m to SMEs

Small and Medium Scale Enterprises (SMEs) can now quickly access from N5 million to N100 million to purchase equipment needed…

Business

Purpose, culture, technology will boost FCMB performance in 2023 –  Ladi Balogun

During the 10th Annual General Meeting of the FCMB Group Plc, held in Lagos on April 28, Mr Ladi Balogun, the…
The account of Algrain Foods Limited became toxic in the year 2016 and the Trustee appointed Mr. Ade Oyebanji SAN as the Receiver

Business

FCMB congratulates Babban Gona for winning the Schwab Award

First City Monument Bank (FCMB) has congratulated Babban Gona, a Nigeria-based high-impact social enterprise, for winning the Schwab Award for…
The account of Algrain Foods Limited became toxic in the year 2016 and the Trustee appointed Mr. Ade Oyebanji SAN as the Receiver

Business

Asset Finance: FCMB offers 100m to early-stage SMEs

Small and Medium Scale Enterprises (SMEs) can now quickly access from N5 million to N100 million to purchase equipment needed…
FastCash Offers up to N200,000 in Loans for School Fees Payment in Five Minutes 

Business

FastCash Offers up to N200,000 in Loans for School Fees Payment in Five Minutes 

Without hassles, Nigerians can now meet emergency financial obligations, pay children's school fees and rent by accessing FastCash loansof up to…
From left: Group Head, SME Banking, First City Monument Bank (FCMB), Mr. George Ogbonnaya; Regional Co-ordinator, Nigerian Export Promotion Council, Mr. Samuel Oyeyipo; President, Cocoa Association of Nigeria, Mr. Mufutau Abolarinwa and an Export Consultant, Mr. Francis Ojadi, during a Seminar on ‘’Refocusing Nigeria's Economic Development Through Non-Oil Exports’’organisedby FCMB held on November 1, 2022 in Lagos.

Business

Export Trade: FCMB rallies operators to diversify, stimulate economy

Nigeria's vast non-oil endowment must be urgently leveraged to diversify and expand its revenue base, reduce the dependence on crude…

Business

AfDB, FCMB sign $50m Line of Credit Agreement to bolster access to finance for SMEs, Women

The African Development Bank has signed a $50 million Line of Credit Agreement with Nigeria's First City Monument Bank (FCMB)…
FastCash Offers up to N200,000 in Loans for School Fees Payment in Five Minutes 

Business

Clean Energy: FCMB lights 3,000 homes and businesses in 6 months

 Decarbonisation and scaling clean energy are top on the agenda of Nigeria's FCMB Group in an environment overwhelmingly reliant on…
FCMB founder Subomi Balogun is dead

Metro

Ojude Oba: FCMB commends Awujale, promotes tourism

* First City Monument Bank (FCMB) has congratulated and commended the Awujale and Paramount Ruler of Ijebuland, Oba (Dr.) Sikiru…

Business

FCMB empowers 1m unbanked Nigerians, lends N28.7bn to 200,000 women

First City Monument Bank (FCMB), through EasyAgents, its agency banking network and other channels, has successfully onboarded and empowered one…

Business

FCMB, PressPayNg funding platform targets 1.5m undergraduates in 3 years

First City Monument Bank has partnered with PressPayNg to develop a digital platform for young Nigerians to fund their tertiary…

Business

FCMB Offers Convenient Vehicle Buying Opportunities for Individuals

To encourage and simplify vehicle ownership for personal use by millions of Nigerians, First City Monument Bank (FCMB) now offers…
Abdulazeez Omope

Interview

Meet Abdulazeez Omope, top social media manager with pharmaceutical degree

Abdulazeez Omope, popularly known as Axis, a social media manager and handler from the prestigious First City Monument Bank has…
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