FCMB Archives

FCMB raises ₦147.5bn in oversubscribed public offer

FCMB Group records 148% growth H1 2023

FCMB Group Plc reported excellent results across all major metrics, with a 148% increase in profit before tax of N38.2 billion from January to June this year compared to N15.4 billion in the same period of 2022. Highlights from the diverse Group’s unaudited six-month results, which were made public on the Nigerian Exchange Limited floor, revealed […]

bfatoyepdnlimited-com
1st August 2023
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News

10 facts about late FCMB founder Subomi Balogun

Nigerians especially the banking sector was thrown into a state of mourning following the death of prominent Nigerian business man and banker, Otunba Subomi Balogun, on Friday. AM Business reported that the founder First City Monument Bank was reported to have died in a London Hospital after a brief illness. Below are some facts […]

oamudipepdnlimited-com
19th May 2023
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News

FCMB Founder Otunba Subomi Balogun is dead

He dead on Friday morning at a London hospital after a brief illness. He was 89. Otunba Balogun was a direct descendant of Oba Tunwase of Ijebu-Ode. He was until his death held many chieftaincy titles, and the most prominent is Tunwase of Ijebuland. More details later…

oamudipepdnlimited-com
19th May 2023
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170 Views

Housing

FCMB, real estate companies collaborate on affordable housing in Lagos

First City Monument Bank has teamed with Brains & Hammers Ltd and Brooks Assets & Resources Limited to provide affordable housing for salaried and self-employed people of Lagos State, allowing them to realize their dream of home ownership. Vanguard reported that the arrangement would enable FCMB clients and other Nigerians to buy homes or acquire land […]

bfatoyepdnlimited-com
31st March 2023
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180 Views

News

30 graduates benefit from FCMB internship placements

First City Monument Bank has provided 30 recent graduates, between the ages of 18 and 30, with the opportunity to acquire work experience through its yearly ‘Flexxtern internship programme’. The Flexxterns program was initiated to provide unique opportunities for learning outside of academic settings, and expose young Nigerians to new tasks and career opportunities. […]

aadelekepdnlimited-com
7th December 2022
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309 Views

News

AfDB, FCMB to boost SMEs, women enterprisea with $50m

The African Development Bank and First City Monument Bank has reached an agreement to boost small and medium-sized enterprises and women-empowered businesses with a $50 million Line of Credit Agreement. According to The Nation, the proceeds of the line of credit will be used by FCMB to finance SMEs and WEBs in Nigeria’s agribusiness, […]

oamudipepdnlimited-com
20th October 2022
1 Comment
243 Views

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Tag: FCMB

FCMB Group records 148% growth H1 2023

10 facts about late FCMB founder Subomi Balogun

FCMB Founder Otunba Subomi Balogun is dead

FCMB, real estate companies collaborate on affordable housing in Lagos

30 graduates benefit from FCMB internship placements

AfDB, FCMB to boost SMEs, women enterprisea with $50m

Apple sues OpenAI over alleged theft of trade.

Meta pulls AI photo editing feature after privacy.

Naira closes at ₦1,379.62/$ in official market, parallel.

Tanzanian richest bizman eyes $100m stake in Dangote’s.

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