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FCMB Group: Effective Management of Operating Expenses Drive profit, Returns to...

FCMB Group plc. audited result and accounts for financial year ended December 31, 2019 showed impressive performance as the management reduced its operating expenses...

CBN Lifts Suspension on Cheque Clearing as FCMB, Others Set to...

By Ayo Ademola The Central Bank of Nigeria (CBN) has lifted the temporary suspension it placed on the clearing of cheques in the country, with...

COVID-19: Nigeria Private Sector Coalition Contribution Hits N19.4bn

The Nigeria Private Sector Coalition Against COVID-19 (CACOVID) has so far realised N19.4 billion to help fight COVID-19 pandemic. The update of the contribution was...

FCMB Raises N5.1bn via Bond

Nigerian mid-tier lender FCMB has sold 5.1 billion naira ($16 million) of bonds, less than it originally planned to raise, at an interest rate...

FCMB Supports Lagos Graduate Employment Programme

First City Monument Bank (FCMB) has supported Lagos State government on ‘Ready, Set, Work’ (RSW) employability and entrepreneurial training programme. The programme will enable successful...

First Bank Appoints Patrick Iyamabo as Chief Financial Officer

First Bank of Nigeria Limited has a new Chief Financial Officer (CFO). He is Patrick Iyamabo His appointment follows the elevation of the former CFO,...

First Bank Denies NPA’s Claims on N11.23 billion Fraud

Despite claims by the authorities of the Nigerian Ports Authority (NPA) last week that it had uncovered fraud totaling N11.23 billion lodged in three...

Lawyer Wife of Late FCMB Manager Threatens to Sue Bank over...

The lawyer wife of Olisa Nwakoby, the First City Monument Bank (FCMB) Lekki, Lagos branch Manager who committed murder over a bad loan has...

FCMB Distances Itself From Banker Who Committed Suicide

*Says "We Have Nothing to Do with it" By Akin Akinremi The First City Monument Bank (FCMB) Plc has distanced itself from the staff who committed suicide...

700 FCMB Workers Laid Off

No fewer than 700 staff of First City Monument Bank have been laid off.This is contrary to the figure of 150 being bandied around...
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