CATEGORY: FCMB

Ladi Balogun Steps Down As Bank CEO, To Become FCMB Group CEO

In a statement to the Nigerian Stock Exchange (NSE), FCMB notified of its reorganization in its management that current MD/CEO...


FCMB Promotes Export Trade, Commended by Stakeholders

Kano: January 26, 2017. The series of customer fora organised by First City Monument Bank (FCMB) Limited on export trade...


In Case You Missed It: Screenshot of FCMB’s Results Faux Pax

FCMB on Friday ate a humble pie after it confirmed that it made an error in reporting its 2016...



Alert: FCMB Pre-Tax Profit Up 19% (2016 9 Months)

First City Monument Bank Plc released its 2016 result for the nine months ended 30 September 2016 ; See below  ...



Why FCMB says it wants to borrow N15 billion from “Retail Investors”

First City Monument Bank, FCMB has revealed plans to source for between 10 and 15 billion Naira of Tier II...


Alert: CPC orders FCMB to refund N1.5 billion in excess charges to Bauchi state

Nigeria’s mid tier lender, First City Monument Bank (FCMB) to refund, has been ordered by The Consumer Protection Council...


FCMB Gains 140% In 8 Weeks! This Could Be Why

Investing in the Nigerian economy has been a tail of woes for a lot of local investors as the...


Abaji Water Factory: FCMB Guarantees Nestle’s N5.7 billion Loan

By Guaranteeing the loan they carry a risk of paying Bank of Industry all or part of the loans...


FCMB Changes Business Model

FCMB will shift its focus to better managing its loan book rather than growing aggressively, after 2015 pre-tax profit...


FCMB Reports 79% Drop In Profits, Analysts Place Buy Rating

FCMB 2015 FY RESULTS Income statement (N‘ million)* FY 15 FY 14 YoY growth % of FY 15E forecasts Q4...


[TURNAROUND] FCMB Is Expanding To East Africa

First City Monument Bank (FCMB) is planning to expand in two African countries as the drop in oil prices...


[BOOM]15 Million Shares Of FCMB Is On Full Bid

Early morning trading indicates there are about 15.5 million bids for FCMB shares with no offer (seller). FCMB share...


[ANALYSIS] Are Investors Too Harsh On FCMB?

One thing that most analysts are probably sure of in this earnings season is that FCMB will post a...


FCMB Shocks Investors With A Massive 84% Drop In Profits

FCMB Plc released its much awaited 2015 9 Months results showing pretax profits dropped a whopping 84% to N2.5billion...


[FCMB] Delay In Release Of Q3 Results Help Wipe Out N10 billion In Market Value

Nigeria’s bank holding group, FCMB is yet to release its 2015 9 Months results nearly 3 months after the...


Could This Bank Stock Gain 90% Before The End of The Year?

Research company Meristem in its latest stock recommendation has suggested that FCMB could have a potential upside of a...


CPC Is Investigating FCMB Over Alleged N1.86bn Excess Interest Charges

Report reaching  us indicates that the Consumer Protection Council weekend summoned the management of First City Monument Bank Plc...


FMDQ Admits FCMB’s N26 Billion SPV Bond

FMDQ OTC Plc, on Monday, admitted the FCMB Plc’s ₦26 billion SPV fixed rate unsecured bond due for Nov...


[C.A.R] FCMB obtains shareholders approval to raise N40billion

Shareholders of FCMB Group Plc last week approved the bank’s plan to raise the sum of N40 billion in...