FCMB

USAID, FCMB Partner To Expand Access For SMEs, Health Sector Financing In Nigeria

USAID has a partnership agreement with First City Monument Bank (FCMB) to facilitate access to financing of private enterprises and the health sector in Nigeria.

Victor Ezeja

10 months ago

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Latest News·Markets

Market Surge Propels Dangote Sugar, FCMB, UBA, Others As ASI Hits Record 77,000 Mark

The Nigerian stock market witnessed an electrifying surge, pushing the NGX All-Share Index to a historic high of 77,537.57 points, marking a 2.04% increase in a single trading session. Following yesterday’s crossing

Emmanuel Ochayi

1 year ago

Otunba’s Death Diminishes Tribe Of True Nobility – Osinbajo

Vice President Prof. Yemi Osinbajo, SAN, has mourned the late founder of First City Monument Bank (FCMB), Otunba Subomi Balogun, who died Friday morning in London at the age of 89. According

Victor Ezeja

2 years ago

Business·Insights

Top Five Best Performing Nigerian Banks

Between January to December 2022, the Nigerian banking industry post double-digit growth of 26.92 per cent year-on-year, with the sector generating a combined N5.43 trillion in total revenue from 11 commercial banks.

Fakoyejo Olalekan

2 years ago

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business·Insights

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

The Nigerian banking industry is in the season of transition from a core banking operation to a Holding Company (HoldCo) structure. Out of 15 commercial banks operating in Nigeria, at least seven

Fakoyejo Olalekan

2 years ago

Business·Insights

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

The Nigerian banking sector exited the Naira scarcity period unblemished judging by the value of equity investment netted by their shareholders in the first quarter (Q1) of 2023. Prime Business Africa’s analysis

Fakoyejo Olalekan

2 years ago

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Business

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

Access Holdings Plc has invested $300 million in Access Bank in the face of insolvency fear in the global banking industry. In the circular released to investors and shareholders on Tuesday, via

Fakoyejo Olalekan

2 years ago

Business

FCMB Group Issues N20.69 billion Series 1 Perpetual 16% Fixed Rate Bond

FCMB Group Plc has successfully completed issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (“the Series I Bond” or “the AT1” or “the Instrument”)

Fakoyejo Olalekan

2 years ago

Business·Markets

Investors Trade N8 billion Nigerian Stocks In Five Days, As FCMB Record Bad Week

Investors parted with N8.004 billion to trade over 719.398 million shares in 17,444 deals, in contrast to the 949.819 million shares that exchanged hands in 18,525 deals, valued at N9.329 billion, during

Fakoyejo Olalekan

2 years ago

Business·Markets

Over N90 billion Made By Nigerian Stock Investors, Amid Gains In FCMB, Stanbic IBTC

Investors pocket over N90 billion following 0.3% appreciation in market capitalisation, which rose from N26.90 trillion to N26.99 trillion. The All-Share Index jumped to 50,045.83 ASI after gaining 156.03 basis points, having

Fakoyejo Olalekan

2 years ago

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USAID, FCMB Partner To Expand Access For SMEs, Health Sector Financing In Nigeria

Market Surge Propels Dangote Sugar, FCMB, UBA, Others As ASI Hits Record 77,000 Mark

Otunba’s Death Diminishes Tribe Of True Nobility – Osinbajo

Top Five Best Performing Nigerian Banks

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

FCMB Group Issues N20.69 billion Series 1 Perpetual 16% Fixed Rate Bond

Investors Trade N8 billion Nigerian Stocks In Five Days, As FCMB Record Bad Week

Over N90 billion Made By Nigerian Stock Investors, Amid Gains In FCMB, Stanbic IBTC

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