Otunba Olasubomi Balogun has formally handed over his Otunba Tunwase National Paediatrics Centre to the University of Ibadan and the UCH.
The FCMB founder paid a cumulative sum of N15.35 million for a total of 5.1 million additional stocks.
FCMB has issued a fresh N30 billion worth of commercial paper, as part of its N100 billion CP issuance programme.
FCMB posted impressive growth across key financial metrics, with major income yielding components increasing over time.
The enlarged pension business will benefit from FCMBs extensive distribution platform.
Sadly, this move, in addition to similar policies by the CBN, has left many banks cash-strapped and unable to pursue various profitable ventures.
First City Monument Bank Limited is all set to raise capital to the tune of N20 billion through the issuance of commercial paper.
The trading session ended Thursday in negative territory as the All-Share Index closed at 26,357.24 basis points, down by 0.15%.
Total Nigeria is a SELL in Nairametrics opinion due to its poor H1 2019 results, which came in markedly lower than the comparative period of 2019.
@MyFCMB hosted the 5th in its series of free capacity building programmes, tagged "Business Enterprises and Sustainability Training" organised for start-up #SMEs in Lagos.