Nigerian banks spent N518.5 billion on IT in 2024 as digital banking, cybersecurity drive boom
Nigeria’s top banks ramped up their investments in technology infrastructure in 2024, collectively spending N518.5 billion to modernize their operations.
Tag: fcmb
News and analysis about fcmb
Government earned N1.2 trillion from Nigerian banks in 2024, more than shareholders
In 2024, Nigeria's top banks reaped the benefits of a volatile but profitable macroeconomic environment, with nine listed banks- Access ...
All-Share Index falls 0.11%; OANDO and PZ Cussons surge, FCMB trades 102 million shares
The All-Share Index closed the trading session on February 27, 2025, in negative territory, declining by 123.53 points to reach ...
FCMB invests $35 million in agriculture and women-led businesses
First City Monument Bank (FCMB) has committed $35 million to bolster agriculture and women-led businesses.
USSD debt: NCC grants telcos approval to disconnect 9 banks
The Nigerian Communications Commission (NCC) has granted approval to Mobile Network Operators comprising MTN, Airtel, Globacom, and 9mobile, to disconnect ...
FCMB Group shareholders approve N340 Billion capital raise
FCMB Group Plc has secured shareholder approval for a 340 billion naira capital raise.
FCMB reports 63% pre-tax profit growth for third quarter, amid surge in fees and commissions income
FCMB Group Plc has announced a pre-tax profit of N27.6 billion for the third quarter of 2024, up from N16.9 ...
FCMB leadership takes customer service to the frontlines
First City Monument Bank (FCMB) Executive Management, led by the Managing Director, Mrs. Yemisi Edun, engaged customers directly last week, ...
How we are helping Nigerians to overcome financial challenges, CEO of Credit Direct, Nwanze
Credit Direct Finance Company Limited, the FinTech arm of FCMB Group Plc, has sustained its position as Nigeria's leading consumer ...
Stocks continue gains as Fidelity Bank and FCMB’s successful public offers spark bullish market sentiment
The Nigerian All-Share Index (ASI) maintained its upward trajectory on Monday, closing the day with a gain of +138.61 points, ...
