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JenneteUgo Anya
- December 9, 2024
FCMB Group Achieves 67% Profit Growth, Reports ₦91.8bn PBT For Q3 2024
FCMB Group Plc has delivered an impressive financial performance for the nine months ended September 30, 2024, posting a 67 percent increase in profit before tax (PBT) to ₦91.8 billion. This strong growth highlights the group’s robust operational efficiency and its sustained trajectory of double-digit expansion across its divisions. The group’s gross revenue surged by […]
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- December 5, 2024
CIG Motors, FCMB Partner To Make Vehicle Ownership Easier
Choice International Group (CIG) Motors and First City Monument Bank (FCMB) have partnered to make vehicle ownership easier and more accessible for both individuals and businesses. The announcement was made during the signing of a Memorandum of Understanding (MoU) at the CIG Motors Grand Auto Fair in Lagos, recently. This partnership introduces a flexible auto […]
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- November 29, 2024
FCMB Group To Seek Board Approval For N340bn Capital Raise
FCMB Group Plc has announced plans to seek approval from its board to raise ₦340 billion at its upcoming Annual General Meeting (AGM), slated for December 19, 2024. This new capital raise far surpasses the previously approved ₦150 billion and aligns with the Central Bank of Nigeria’s (CBN) recent directive on recapitalisation. The announcement, signed […]
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- November 26, 2024
FCMB Partners With EStars To Introduce Esports Education
First City Monument Bank (FCMB) has joined partnered with EStars to introduce esports education to Nigerian schools, targeting students aged 7 to 14 in primary and secondary institutions. The initiative is designed to equip young Nigerians with critical skills for navigating a digital and technology-driven world. EStars launched its educational esports platform in Nigeria on […]
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- August 1, 2024
FCMB Launches N110bn Public Offer To Strengthen Capital Base
First City Monument Bank (FCMB) Limited Group has initiated a public offer to raise N110 billion, issuing 15,197,282,219 ordinary shares at N7.30 per share. This capital raise is part of a broader strategy to meet the Central Bank of Nigeria’s (CBN) new capital requirements for banks, which have significantly increased after almost two decades. The […]
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