Only 10% of our 2023 FX gains are realized – FCMB Group CEO
The Group CEO of FCMB Group, Ladi Balogun has stated that only about 10% of the bank’s foreign exchange gains ...
Tag: FCMB Group
FCMB posts N64.2 billion pre-tax profit in the first half of 2024
FCMB Group recorded a profit before tax of N64.2 billion in the first half of 2024, marking a 68% year-on-year ...
FCMB Group to seek shareholders’ approval for N150 billion capital raise
The Group will also seek shareholders’ endorsement for the increase of the Company's issued share capital from N9,901,355,390.50 divided into ...
Credit Direct announces successful completion of Commercial Paper Issuance
Credit Direct Finance Company Limited (Credit Direct), a member of the FCMB Group and the leading non-bank consumer lending institution in Nigeria announces the successful ...
ROUNDUP: Nigerian companies aim high in Q3 earning projections as BUA Cement prioritises expansion
It was another busy week for corporate Nigeria, characterised by Q3 earnings forecasts, dividend announcements, appointments, and even product launches.
ROUNDUP: Dangote Refinery commissioned as Patricia suffers security breach
Hello and welcome to Nairametrics’ Corporate News Roundup for the week that ended May 27, 2023.
FCMB Group Plc Announces The Issuance Of N20,686,000,000 Series I Perpetual 16.00% Fixed Rate Resettable NC5.25 Additional Tier 1 Subordinated Bonds Under its N300,000,000,000 Debt Issuance Programme
FCMB Group Plc (“FCMB Group” or “the Group”) has successfully completed the issuance of a N20,686,000,000 Perpetual 16% Fixed Rate ...
Q1 2022: FCMB Group sustains growth, as profit rises by 42% to N6 billion
FCMB Group Plc sustained its profitable growth trajectory by recording an impressive 42% increase in profit before tax at the ...
Otunba Subomi Balogun officially hands over Otunba Tunwase National Paediatrics Centre to UI and UCH
Otunba Olasubomi Balogun has formally handed over his Otunba Tunwase National Paediatrics Centre to the University of Ibadan and the ...
FCMB founder, Otunba Olasubomi Balogun splashes N15.35 million on additional 5million stocks
The FCMB founder paid a cumulative sum of N15.35 million for a total of 5.1 million additional stocks.
