Investors count losses as stock market wobbles under unending illiquidity, low confidence

Investors count losses as stock market wobbles under unending illiquidity, low confidence    Guardian Buhari in the first term of his administration on May 29, 2015, the stock market had long lost some gains recorded during the boom period of 2003 to the global ... read more

DMO to auction N125bn bonds next week

DMO to auction N125bn bonds next week    The Punch Feyisayo Popoola. The Debt Management Office has said the Federal Government will auction N125bn worth of bonds by subscription on July 24. The DMO ... read more

“Trusts over money transfers? Don't bank on it” - Court of Appeal rejects imposition of trust in international banking dispute

“Trusts over money transfers? Don't bank on it” - Court of Appeal rejects imposition of trust in international banking dispute    Lexology On 1 March 2019 the Court of Appeal handed down judgment in First City Monument Bank Plc v Zumax Nigeria Ltd [2019] EWCA Civ 294, a decision which… read more

Ikeja Electric, PEP Stores collaborate on bill payment

Ikeja Electric, PEP Stores collaborate on bill payment    The Punch Udochi Ogubuike Ikeja Electric Plc has collaborated with PEP Stores, to enable customers pay bills or recharge their accounts at designated PEP St... read more

Alleged N6.2bn fraud: Jang objects to attempt to tender personal bank statements

Alleged N6.2bn fraud: Jang objects to attempt to tender personal bank statements    The Punch Former Plateau State governor Jonah Jang on Thursday objected to attempts by the Economic and Financial Crime Commission, to tender the statements ... read more

FCMB to pay shareholders N2.77bn annual dividend

FCMB to pay shareholders N2.77bn annual dividend    The Punch Feyisayo Popoola. First City Monument Bank Plc says it will pay its shareholders a cash dividend of 14 kobo per ordinary share, which translates to N2.77bn for ... read more

Jang kicks against attempt to tender personal bank statements over alleged N6.2bn fraud

Jang kicks against attempt to tender personal bank statements over alleged N6.2bn fraud    Pulse Nigeria The EFCC had dragged Jang before Justice Daniel Longji of Plateau High Court IV, Jos over alleged fraud involving N6.2 billion said to have been committed ... read more

FCMB sustains performance with N177.4bn revenue, achieves 73% profit increase

FCMB sustains performance with N177.4bn revenue, achieves 73% profit increase    Daily Trust FCMB Group Plc has released its financial results for the year ended December 31, 2018, reporting a gross revenue of N177.4 billion, an increase of 4.3% ... read more

Alleged N7.6bn Fraud: Orji Kalu's Trial Resumes July 22 In Lagos

Alleged N7.6bn Fraud: Orji Kalu's Trial Resumes July 22 In Lagos    Leadership Newspaper A Federal High Court in Lagos has fixed July 22 to resume the trial of former governor of Abia State, Dr. Orji Uzor Kalu and two others, over an alleged N7.6 ... read more

ICS week: FCMB rewards customers

ICS week: FCMB rewards customers    Punchng Feyisayo Popoola First City Monument Bank Plc says it has rewarded customers in celebration of its 2018 International Customer *Service* Week, which... read more

Raising global banks with higher capital

Raising global banks with higher capital    The Nation Newspaper In April, a voice seeking higher capital for banks sounded loud and clear from a distant land. It was at the Spring meetings. read more

Rewane retires from FCMB board

Rewane retires from FCMB board    The Punch Feyisayo Popoola First City Monument Bank Plc has announced the retirement of Mr Bismarck Rewane from its Board of Directors. The firm, in a stat... read more

Elections: Customers make last-minute withdrawals as banks close early

Elections: Customers make last-minute withdrawals as banks close early    The Punch Ifeanyi Onuba and Ife Ogunfuwa Customers of Deposit Money Banks on Friday made last minute withdrawals at various bank branches in Abuja and Lagos... read more

EXCLUSIVE: Inside the stupendous wealth of Arik Air founder, Arumemi-Ikhide

EXCLUSIVE: Inside the stupendous wealth of Arik Air founder, Arumemi-Ikhide    Premium Times Mr Arumemi-Ikhide sat on vast wealth while his troubled airline accumulated billions in debt, compelling a government takeover with taxpayers' money. read more

FCMB in quest of customer centric solutions

FCMB in quest of customer centric solutions    Vanguard By Babajide Komolafe. OVER the years, the financial services industry in Nigeria has undergone various forms of transformation in terms of operations, *service* ... read more

Moody's assigns first-time ratings to three mid-tier Nigerian banks - african

Moody's assigns first-time ratings to three mid-tier Nigerian banks    african-markets.com Moody's Investors *Service* has assigned first-time long term global scale local-currency bank deposit and issuer ratings of B2 to First City Monument Bank ... read more

FCMB Driving Value Through Diversified Strategic Investments, Operation

FCMB Driving Value Through Diversified Strategic Investments, Operation    Leadership Newspaper Over 40years of investment experience, solid foundation and rare business acumen, foresight and excellent capacity to forecast trends in a consistently volatile ... read more

FCMB reports fraudulent transactions on customers’ accounts

FCMB reports fraudulent transactions on customers’ accounts    Punchng 'Femi Asu FCMB Group Plc announced on Thursday that its commercial banking subsidiary, First City Monument Bank Limited, confirmed that there were... read more

FCMB posts N177.4b gross earnings

FCMB posts N177.4b gross earnings    The Nation Newspaper First City Monument Bank (FCMB) Group Plc has released its financial results for the year ended December 31, 2018, reporting a gross revenue of N177.4 ... read more

Nine FCMB Staff Declared Wanted Over Alleged Multi-Million Naira Customer Deposit Fraud

Nine FCMB Staff Declared Wanted Over Alleged Multi-Million Naira Customer Deposit Fraud    Proshare Nigeria Limited The Economic and Financial Crimes Commission (EFCC) has declared wanted some members of staff of the First City Monument Bank (FCMB) over an alleged ... read more

Nigeria: FCMB UK Subsidiary Launches Personal Banking Proposition

Nigeria: FCMB UK Subsidiary Launches Personal Banking Proposition    AllAfrica.com FCMB Bank (UK) Limited, an independently incorporated subsidiary of First City Monument Bank Limited, haas introduced its Personal and Business banking ... read more

Man arraigned for giving ex-wife dud cheque

Man arraigned for giving ex-wife dud cheque    The Punch Etim Ekpimah The Secretary to the Sagamu South Local Council Development Area of Ogun State, Taofeek Kashimawo, has been arraigned before the Ijed... read more

Sanwo-Olu: Forging ahead with courage and confidence

Sanwo-Olu: Forging ahead with courage and confidence    The Nation Newspaper Lagos State Governor Babajide Sanwo-Olu, who clocks 54 today, has hit the ground running, following his assumption of office. Group Political Editor ... read more

FCMB Group records N177 billion earnings, 4.8 million customers

FCMB Group records N177 billion earnings, 4.8 million customers    Guardian Nigeria FCMB Group Plc has posted a gross revenue of N177.4 billion, for the financial year ended December 31, 2018, an increase of 4.3 per cent compared to the ... read more

FCMB’s women entrepreneurs offer zero-interest plan to SMEs

FCMB’s women entrepreneurs offer zero-interest plan to SMEs    Guardian Nigeria This is because Women in Business at First City Monument Bank Limited (FCMB) is set to launch a proposition that offers zero-interest rate on loans to Small ... read more

Shareholders Commend FCMB for an Impressive Performance

Shareholders Commend FCMB for an Impressive Performance    Proshare Nigeria Limited Shareholders of FCMB Group Plc have commended the Board, Management and Staff of the financial institution for recording another impressive performance in ... read more

FCMB rewards 2,576 customers with millions of cash, gifts in ‘Millionaire Promo Season 5’

FCMB rewards 2,576 customers with millions of cash, gifts in ‘Millionaire Promo Season 5’    Daily Post Nigeria A total of 2576 customers of First City Monument Bank (FCMB) have won millions and various gifts at the end of the Bank's reward scheme tagged ''FCMB Mill. read more

EFCC To Arraign Former Skye Bank Chairman, Tunde Ayeni, Two Others On N21bn Money Laundering Charge

EFCC To Arraign Former Skye Bank Chairman, Tunde Ayeni, Two Others On N21bn Money Laundering Charge    SaharaReporters.com The Economic and Financial Crimes Commission (EFCC) is set to formally arraign Tunde Ayeni, former Chairman of the defunct Skye Bank Plc, on a 10-count ... read more

FCMB Launches Easy Account - Your Phone Number as Your Account Number

FCMB Launches Easy Account - Your Phone Number as Your Account Number    Proshare Nigeria Limited Leading Lender, First City Monument Bank (FCMB) has taken another major leap in the retail and mobile banking segments of the Nigerian financial services ... read more

FCMB Nigerian bank appoints Oladipupo Jadesimi as Chairman

FCMB Nigerian bank appoints Oladipupo Jadesimi as Chairman    Pulse Nigeria FCMB is among the nine commercial banks projected to be able to pay dividends this year despite the recent CBN policy. Nigerian Tier-2 bank, First City ... read more

Legacy Pension now FCMB Pensions Limited

Legacy Pension now FCMB Pensions Limited    Daily Trust As part of the strategy to harmonise its global brand and identity, FCMB Group Plc has announced a change of name in the pension management arm of its ... read more

FCMB partners WSBI to boost financial inclusion, savings in Nigeria

FCMB partners WSBI to boost financial inclusion, savings in Nigeria    Daily Post Nigeria First City Monument Bank (FCMB) is set to substantially increase its support to agribusiness, its value chain and growth of the Nigerian economy after sign. read more

FCMB promo gets more 644 winners

FCMB promo gets more 644 winners    Guardian Nigeria Another set of 644 customers of First City Monument Bank (FCMB) has been rewarded in its ongoing promotions, tagged: “FCMB Millionaire Promo Season 5”. read more

FCMB Delivers A strong Set Of H1 2018 Results - ARM

FCMB Delivers A strong Set Of H1 2018 Results - ARM    Proshare Nigeria Limited First City Monument Bank Plc (FCMB) published its half-year results at the close of last week showing strong set of results across key line items. EPS of N0.29 ... read more

FCMB launches Hub One to help tech start-ups

FCMB launches Hub One to help tech start-ups    Premium Times FCMB has created Hub One, a tech-themed co-working space. Hub One is a space that allows for partnerships, collaborations and possible investments. read more

Seven banks make N8.58bn fresh investments in software

Seven banks make N8.58bn fresh investments in software    Punchng Ife Ogunfuwa examines how huge investments in software by Nigerian banks are shaping the delivery of innovative banking products to drive efficient... read more

Fitch Affirms Nigeria's FCMB at 'B-'; Outlook Stable

Fitch Affirms Nigeria's FCMB at 'B-'; Outlook Stable    Proshare Nigeria Limited Fitch Ratings has affirmed First City Monument Bank Limited's (FCMB) Long-Term Issuer Default Rating (IDR) at 'B-'. The Outlook is Stable. A full list of ratings is ... read more

Banks make N124bn from e-transactions

Banks make N124bn from e-transactions    The Punch IFE OGUNFUWA reported that 11 Deposit Money Banks grew revenue from electronic transactions by 43 per cent in 2018 The growing adoption and invest... read more

FCMB Launches Hub One

FCMB Launches Hub One    Daily Post Nigeria The Nigerian Tech industry has grown in leaps and bounds over the years. Many innovative ideas, platforms and more have been developed, which have ... read more

FCMB UK gets approval for personal, business banking

FCMB UK gets approval for personal, business banking    Guardian Nigeria FCMB Bank (UK) Limited, an independently incorporated subsidiary of First City Monument Bank Limited, has introduced its Personal and Business banking ... read more

FCMB Bank (UK) Limited launches personal and business banking proposition to deepen inclusiveness

FCMB Bank (UK) Limited launches personal and business banking proposition to deepen inclusiveness    Daily Post Nigeria FCMB Bank (UK) Limited, an independently incorporated subsidiary of First City Monument Bank Limited (which is a member of FCMB Group Plc), has ... read more

FCMB upgrades mobile banking platform

FCMB upgrades mobile banking platform    Guardian Nigeria First City Monument Bank (FCMB) Limited has introduced a mobile banking code- *329# to enhance the level of *service* delivery and experience for its ... read more

FCMB Drives Growth, Organises Business Finance Training for SMEs in Abuja

FCMB Drives Growth, Organises Business Finance Training for SMEs in Abuja    Proshare Nigeria Limited First City Monument Bank (FCMB) has reiterated its commitment to champion and execute initiatives that would boost the growth and performance of Small and ... read more

Why bank manager committed suicide – FCMB

Why bank manager committed suicide – FCMB    The Punch Afeez Hanafi First City Monument Bank Plc says its official, Olisa Nwakoby, who committed suicide on Friday in front of Our Lady Star of the Sea C... read more

What you need to know about Quistclose trusts

What you need to know about Quistclose trusts    Lexology English commercial law is suspicious of equity, and has a strong preference for simple common law certainty. Equitable principles are imprecise… read more

FCMB charges youths to save for the future

FCMB charges youths to save for the future    Guardian Nigeria First City Monument Bank (FCMB), has tasked youths in Nigeria to key into the financial system by adopting savings culture and other financial management ... read more

Banks paid N8.51bn as IT levy in 2018

Banks paid N8.51bn as IT levy in 2018    The Punch Ife Ogunfuwa Eleven Nigerian banks paid about N8.51bn Information Technology-related levies to the government in 2018, the audited financial repor... read more

Why pensioners now get their entitlements promptly – FCMB Pensions MD

Why pensioners now get their entitlements promptly – FCMB Pensions MD    Daily Trust The Managing Director and CEO, FCMB Pensions, Mr. Misbahu Yola, in this exclusive interview explained how First City Monument Bank (FCMB) acquired ... read more

MTN signs N200bn loan facility with seven banks

MTN signs N200bn loan facility with seven banks    The Punch Feyisayo Popoola MTN Nigeria Communications Plc has signed a N200bn medium-term loan facility with a consortium of seven banks. The Chief Executi... read more

Investment and Securities Tribunal rules against FCMB in N2.5bn debt

Investment and Securities Tribunal rules against FCMB in N2.5bn debt    Vanguard THE Investments and Securities Tribunal (IST) sitting in Abuja has resolved a decade-long dispute between a stock broking firm, Valueline Securities and ... read more

Bank stocks see biggest fall in 20 months

Bank stocks see biggest fall in 20 months    The Punch Feyisayo Popoola with agency report The Nigerian banking stocks slumped the most since June 2016 a day after the re-election of President Muhammad... read more

FCMB gets new chairman

FCMB gets new chairman    Premium Times A businessman, Oladipupo Jadesimi, has been appointed the new chairman of First City Monument Bank (FCMB). The bank in a statement on Tuesday said Mr. read more

FCMB launches education advisory services for overseas studies

FCMB launches education advisory services for overseas studies    Daily Post Nigeria Leading financial services provider, First City Monument Bank (FCMB), on Thursday, May 31, 2018 unveiled a scheme tagged, ''FCMB Education Advisory ... read more

Nigeria: FCMB Begins BVN Registration of Customers

Nigeria: FCMB Begins BVN Registration of Customers    The Guardian FIRST City Monument Bank Limited (FCMB) has commenced full registration of its customers in its selected 44 Branches in Lagos, including its Head Office ... read more

FCMB Group appoints new MD, GMD

FCMB Group appoints new MD, GMD    The Nation Newspaper First City Monument Bank (FCMB) Group this morning announced the appointment of Adam Nuru as the Managing Director of the commercial banking arm First ... read more

Bank produces more millionaires in First Draws of "Millionaire Promo Season 5"

Bank produces more millionaires in First Draws of "Millionaire Promo Season 5"    Pulse Nigeria The winners emerged through electronic selection of qualified customers at a colourful ceremony held at the four regions. read more

‘It will be unpatriotic to have FCMB and not use it to help my people’

‘It will be unpatriotic to have FCMB and not use it to help my people’    Guardian Nigeria If you are a regular at the yearly Ojude Oba Cultural Festival in Ijebu Ode, then you must have observed that aside from the Awujale of Ijebuland... read more

FCMB deepens support for SMEs with capacity building

FCMB deepens support for SMEs with capacity building    Guardian Nigeria First City Monument Bank (FCMB) has raised its support for Small and Medium Enterprises (SMEs) sector as it organised the first in its planned series of free ... read more

MTN Nigeria borrows another N200 billion from 7 local banks - the 8th syndicated loan since 2001

MTN Nigeria borrows another N200 billion from 7 local banks - the 8th syndicated loan since 2001    Pulse Nigeria MTN Nigeria Communications Plc signs a new 7-year N200 billion Medium Term Facility with a consortium of seven local banks; The loan facility, MTN Nigeria ... read more

FCMB inspires customers in a new thematic campaign

FCMB inspires customers in a new thematic campaign    Guardian Nigeria First City Monument Bank (FCMB) recently took another bold step to deepen its history of excellence and consolidate its position as one of the foremost financial ... read more

FCMB Group Grows Q3 Net Profit By 119.9% To N12bn

FCMB Group Grows Q3 Net Profit By 119.9% To N12bn    Leadership Newspaper FCMB Group Plc recorded considerable growths in the top-line and profitability in the third quarter as the financial services group grew net profit by 119.9 per ... read more

FCMB announces transition into Holding Company

FCMB announces transition into Holding Company    Premium Times The Holding Company will manage FCMB and its subsidiaries. First City Monument Bank (FCMB) Plc, this week, announced its transition into a holding ... read more

FCMB Opens Ultra-Modern Branch in Karu, Nasarawa State

FCMB Opens Ultra-Modern Branch in Karu, Nasarawa State    Proshare Nigeria Limited Customers of leading financial services provider, First City Monument Bank (FCMB), and Nigerians in general, who reside or run businesses in Mararaba-Karu, ... read more

FCMB attains ISO Certification for Quality Management

FCMB attains ISO Certification for Quality Management    Daily Post Nigeria Leading financial services provider, First City Monument Bank (FCMB), has been awarded the prestigious International Organisation for Standardisation (ISO) read more

FCMB Manager Faces Criminal Charges

FCMB Manager Faces Criminal Charges    P.M. News Akin Kuponiyi A Federal High Court sitting in Lagos, southwest Ngeria, has adjourned till 30 September continuation of trial of an accused manager of First […] read more

Foundation, FCMB partner to mentor corps members

Foundation, FCMB partner to mentor corps members    Guardian Nigeria Activate Success International Foundation in conjunction with First City Monumental Bank (FCMB), has mentored National Youth *Service* Corps (NYSC) ... read more

FCMB announces N170bn gross revenue

FCMB announces N170bn gross revenue    Vanguard FCMB Group Plc has reported a gross revenue of N169.9 billion for its financial year ended December 31, 2017. read more

FCMB subsidiaries clinch awards

FCMB subsidiaries clinch awards    Guardian Nigeria Two subsidiaries of FCMB Group Plc- First City Monument Bank (FCMB) and First City Asset Management Limited (FCAM), have emerged as the, Most Improved ... read more

FCMB Partners Etihad, Secures Unbeatable Travel Fares for its Customers

FCMB Partners Etihad, Secures Unbeatable Travel Fares for its Customers    Premium Times Customers of First City Monument Bank Limited (FCMB) who plan to travel abroad for personal or business purposes at very affordable fares now have an ... read more

Developing new banking products to accelerate CBN's Financial Inclusion

Developing new banking products to accelerate CBN's Financial Inclusion    Vanguard OVER the years, the Central Bank of Nigeria (CBN), has introduced several reforms to create a robust financial system framework. These reforms are focussed ... read more

Fitch Revises 4 Nigerian Banks' Outlook to Negative; Affirms 10 IDRs

Fitch Revises 4 Nigerian Banks' Outlook to Negative; Affirms 10 IDRs    Reuters The following statement was released by the rating agency) Link to Fitch Ratings' Report: Fitch Affirms Ratings on 10 Nigerian Banks - Rating Action Report ... read more

Stock market reverses gains, reverts to losing streak

Stock market reverses gains, reverts to losing streak    The Punch Feyisayo Popoola The Nigerian equities market has reverted to its losing trend, reversing gains recorded on Wednesday. Investors lost N56bn as th... read more

UK Litigation Roundup: Here's What You Missed In London

UK Litigation Roundup: Here's What You Missed In London    Law360 Law360, London (April 12, 2019, 9:50 PM BST) -- The past week has seen a Nigerian oil company retool its suit against a lender in the country, trustees lodge ... read more

FCMB unveils automated branch, project at LASPOTECH

FCMB unveils automated branch, project at LASPOTECH    Guardian Nigeria First City Monument Bank (FCMB) has opened its Flexx Hub, a specially designed automated branch to cater for the banking needs of students on campuses, ... read more

Unending bank customers’ rip-off over failed transactions

Unending bank customers’ rip-off over failed transactions    Guardian Nigeria Five months after a new Central Bank of Nigeria (CBN) directive to banks to ensure a speedy and timely reversal of funds arising from failed transactions... read more

Finance Litigation April 2019: Recent Cases And Issues - Finance and Banking - UK

Finance Litigation April 2019: Recent Cases And Issues - Finance and Banking - UK    Mondaq News Alerts Gowling WLG's finance litigation experts look at a number of cases and issues affecting the lending industry. UK Finance and Banking Gowling WLG 16 Apr ... read more

Investors gain N84bn as stock market rises further

Investors gain N84bn as stock market rises further    The Punch Feyisayo Popoola Investors in the country's stock market gained N84bn on Wednesday's trading session as the market capitalisation of equities list... read more

New Titan Trust Bank Braves Slow Economy; Weighs Opportunities

New Titan Trust Bank Braves Slow Economy; Weighs Opportunities    Proshare Nigeria Limited At a time when at least two Nigerian banks appear to be in financial trouble, a new bank, Titan Trust Bank, has joined the market of financial *service* providers. read more

FCMB Group declares Gross Revenue of N170bn for FY 2017

FCMB Group declares Gross Revenue of N170bn for FY 2017    Proshare Nigeria Limited FCMB Group Plc has released its financial results for the year ended December 31, 2017, reporting a gross revenue of N169.9 billion. Going by the audited ... read more

FCMB trains SMEs on business financing

FCMB trains SMEs on business financing    Vanguard FIRST City Monument Bank (FCMB) has organized the first in a series of free training programmes for small and medium business owners, in line with its resolve ... read more

14 facts you should know about Babajide Sanwo-Olu, Lagos governor-elect

14 facts you should know about Babajide Sanwo-Olu, Lagos governor-elect    Nigeria News NAIJ.com Legit.ng News ☆ Babajide Sanwo-Olu, after a breathtaking primary election on Tuesday, October 2, emerged the gubernatorial candidate of the ruling APC in ... read more

LLA 50 leading ladies in corporate Nigeria

LLA 50 leading ladies in corporate Nigeria    Guardian This week, we complete the list of the 50 Leading Ladies in Corporate Nigeria. As the world becomes increasingly aware of the important role women play in the ... read more

CBN finances 568 agric projects with N577bn

CBN finances 568 agric projects with N577bn    The Punch Ifeanyi Onuba, Abuja A total of 568 agricultural projects valued at N577.3bn have been financed by the Central Bank of Nigeria under the Commercia... read more

Lawyers remanded in prison over alleged N192m fraud

Lawyers remanded in prison over alleged N192m fraud    P.M. News The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has arraigned two legal practitioners, Tom Awhana and Paul Okoro, before Justice ... read more

DMO offers N60bn bonds for subscription

DMO offers N60bn bonds for subscription    The Punch Feyisayo Popoola. The Debt Management Office has offered N60bn bonds for subscription in the Federal Government bond auction this month. The DMO said in ... read more

FMDQ records N63.25tn turnover in Q1

FMDQ records N63.25tn turnover in Q1    The Punch FMDQ OTC Securities Exchange recorded a turnover of N63.25tn in the first quarter of the year. Data obtained from the FMDQ's website on Tuesday sh... read more

Alleged N192m fraud: Lawyers sent to prison over secret accounts

Alleged N192m fraud: Lawyers sent to prison over secret accounts    Daily Post Nigeria The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Friday, arraigned two legal practitioners, Tom Awhana and Paul Okoro, before ... read more

EFCC arraigns banker over alleged N74m fraud

EFCC arraigns banker over alleged N74m fraud    Daily Post Nigeria The Economic and Financial Crimes Commission, EFCC, Wednesday, arraigned a banker, Ogunleye Bamidele Ayodele over alleged N74,760000 fraud. read more

Taking agency banking to new heights

Taking agency banking to new heights    The Nation Newspaper The promotion of agency banking is one of the principles adopted by the Central Bank of Nigeria (CBN) and commercial banks to take banking to the grassroots. read more

FCMB Group optimistic on sustained growth, profitability

FCMB Group optimistic on sustained growth, profitability    Guardian Nigeria Following the successful acquisition of majority (88.2 per cent) stake in Legacy Pension Managers Limited, FCMB Group Plc has expressed optimism on the ... read more

FCMB Bank (UK) LTD expands personal and business banking

FCMB Bank (UK) LTD expands personal and business banking    Vanguard FCMB Bank (UK) Limited recently obtained a variation of its banking permission to include retail (investments) services. The permission was granted by the ... read more

FCMB to promote Ojude Oba festival

FCMB to promote Ojude Oba festival    Vanguard First City Monument Bank (FCMB) Limited is set to promote the Ojude Oba festival in a bid to sustain the country's cultural heritage and boost tourism and its ... read more

MTN Nigeria signs N200bn loan agreement with 12 banks

MTN Nigeria signs N200bn loan agreement with 12 banks    Punchng Ife Ogunfuwa MTN Nigeria on Wednesday signed a seven-year N200bn medium-term loan facility with a consortium of 12 banks, with FBN Quest acting as... read more

Dr Jonathan Long Retires From the Board of FCMB Group Plc

Dr Jonathan Long Retires From the Board of FCMB Group Plc    Proshare Nigeria Limited FCMB Group Plc hereby announce the retirement of Dr. Jonathan Long from the Board of the Company following several years of meritorious *service* and ... read more

It’s judgment day…

It’s judgment day…    Guardian Our judges were carefully approved by The Guardian and the research committee of US-based Impeccable Collaboration for having expertise in the 7 awards ... read more

Nigeria: FCMB to Open Office in U.S.

Nigeria: FCMB to Open Office in U.S.    AllAfrica.com First City Monument Bank (FCMB) Plc is to establish a representative office at Prince George County in the United States of America as part of its offshore ... read more

Again, EFCC arraigns Tunde Ayeni for ‘fraud’

Again, EFCC arraigns Tunde Ayeni for ‘fraud’    TheCable The Economic and Financial Crimes Commission (EFCC) has arraigned Tunde Ayeni, a former chairman of the board of directors, Skye Bank Plc, before a ... read more

NIRSAL, CBN, others agree to increase agric lending

NIRSAL, CBN, others agree to increase agric lending    The Punch Ifeanyi Onuba, Abuja The Nigerian Incentive-Based Risk-Sharing System for Agricultural Lending, the Central Bank of Nigeria and Deposit Money Bank... read more

DMO to offer N100bn FGN bonds

DMO to offer N100bn FGN bonds    TheCable The federal government, through the Debt Management Office (DMO), will issue a N100 billion bond for subscription on June 26. In a circular posted on its ... read more

Reps indict 16 banks over non-remittance of N1.5b stamp duties

Reps indict 16 banks over non-remittance of N1.5b stamp duties    Guardian The House of Representatives yesterday indicted 16 deposit money banks (DMBs) for allegedly failing to remit N1.586 billion to the Federation Account. read more