FCMB

FCMB Group Plc has secured shareholder approval for a 340 billion naira capital raise. The approval, granted during an extraordinary general meeting held in Lagos and virtually, is crucial for its banking subsidiary, First City Monument…

For conceptualising and developing actionable solutions to bridge gaps in Nigeria's agribusiness ecosystem, winners of this year's First City Monument Bank (FCMB) Agritech Hackathon and venture-building programme have been rewarded with…

FCMB Group Plc has announced a 67% growth in Profit Before Tax (PBT) to ₦91.8 billion for the nine months ended September 30, 2024, reflecting robust financial and operational performance across its business divisions. The Group…

First City Monument Bank (FCMB) has kicked off the 10th season of its popular "Millionaire Promo," a campaign designed to reward and empower customers across Nigeria. During the nationwide promotion, 20 customers will win N1 million…

First City Monument Bank (FCMB) is working with EStars to bring esports education to Nigerian schools. They want to introduce Nigerians aged 7 to 14 across primary and secondary schools to essential skills for thriving in a digital…

First City Monument Bank (FCMB) has boosted itsenergy finance loan, offering up to ₦30 million to help Nigerian households and small businesses buy solar panels, batteries, inverters, and other clean energy equipment. With up to…

First City Monument Bank (FCMB) has announced its support for a service project by the Rotary Club of Lagos, District 9112, to empower over 200 widows through micro-credit and skills acquisition. This initiative underscores FCMB's…

Today, the Dutch Entrepreneurial Development Bank (FMO) and Nigeria’s First City Monument Bank (FCMB) signed a $25 million NASIRA guarantee agreement. The guarantee will enable FCMB to expand its funding to agricultural, youth, and…

Okay, let's bust some pension myths and inject some fun into your future financial planning! Myth #1 - Pensions are only for older adults: Nope! Pension contributions are for anyone who likes not being broke in their golden…

Recently, FCMB Asset Management Limited (FCMBAM) held a signing ceremony for Nigeria’s first Naira denominated Private Debt Fund, the FCMB-TLG Private Debt Fund. The Fund, which has been approved by the Securities and…

FCMB Group Plc's shareholders gathered at the company's 11th Annual General Meeting (AGM) on Monday and voted to significantly boost the company's capital reserves. Shareholders approved a plan to nearly double the bank's issued share…

Steak and grills every weekend, a trip to that music festival you always wanted, maybe even owning a place of your own. Those feel like the real, immediate goals, right? Retirement? That's an "old people" problem, something to worry…

The United States government, through its aid agency USAID, announced a new partnership with Nigeria's First City Monument Bank (FCMB) aimed at strengthening the country's healthcare sector and private businesses. The announcement…

FCMB Group Plc reported a stellar first quarter of 2024, boasting a near-triple jump in profit before tax compared to the same period last year. Profit before tax rocketed 192.6% to N31.3 billion, up from N10.7 billion in Q1 2023. This…