First City Monument Bank (FCMB) has been named Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria (CIBN). This recognition comes as FCMB holds a leading 24% share of the banking industry’s ₦1.8 trillion total SME disbursement for 2024. The award was presented at the 60th Annual Bankers Dinner […]
First City Monument Bank (FCMB), a subsidiary of FCMB Group Plc, has launched a new feature on its Mobile App that allows customers to open investment accounts and invest directly in mutual funds managed by FCMB Asset Management, the Group’s wealth creation arm. This development marks another significant step in FCMB Group’s ongoing digital transformation, […]
First City Monument Bank (FCMB) has been selected as one of the Participating Financial Institutions (PFIs) for the implementation of the Community Contractors Finance Scheme, an initiative of the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with the Bank of Industry Limited (BoI). The scheme is designed to bridge the funding and skills […]
FCMB Group Plc, one of Nigeria’s leading financial institutions, on Monday, October 13, 2025, presented the Facts Behind the Offer at the Nigerian Exchange (NGX) in Lagos. The session, attended by capital market operators, fund managers, analysts, and other stakeholders, provided insights into the Group’s fundamentals, growth strategy, and rationale for its ongoing public share […]
In a bid to foster innovation and sustainability in agriculture, First City Monument Bank (FCMB) and the Dutch Entrepreneurial Development Bank (FMO) have announced the launch of the FCMB–FMO AgriTech Investment Readiness Programme 2025. This initiative aspires to identify, support, and finance Nigeria’s most promising agritech startups and Small- to Medium-sized Enterprises (SMEs). In collaboration […]
First City Monument Bank Ltd. (FCMB) has partnered with the International Finance Corporation (IFC) to roll out the Goldman Sachs 10,000 Women course to promote entrepreneurship. Goldman Sachs 10,000 Women is a global initiative that helps foster economic growth by providing entrepreneurs around the world with practical education, interactive activities, and instruction by educators from […]
Nigeria’s pension industry sustained its upward trajectory in July 2025, posting positive returns across all Retirement Savings Account (RSA) fund categories, despite a challenging macroeconomic environment and tighter financial conditions. According to data compiled by Nairametrics Research, all 18 licensed Pension Fund Administrators (PFAs) recorded gains for the month, with FCMB Pensions Limited emerging as […]
FCMB Group Plc (“FCMB Group”) has announced its unaudited financial results for the six months ended June 30, 2025. The Group reported a ₦79.3 billion profit before tax (PBT), representing a 23% year-on-year increase, driven primarily by improved net interest income and asset yields. Gross revenue for the period rose to ₦529.2 billion, reflecting a […]
First City Monument Bank (FCMB) and TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd (TEHC) have partnered to finance and deliver Louisville Phase 1, a tower that will comprise 157 residential apartments, including two and three-bedroom apartments, four-bedroom maisonettes, and five-bedroom penthouses, in Eko Atlantic City, Lagos. This residential tower is phase 1 of the larger […]
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