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.
Stocks to watch this week comprises the top gainers and losers of the prior week, as well as companies that had corporate actions after trading hours....
Stocks on our Buy/Sell/Hold list are picked from the top gainers and losers of the previous week.
Nigeria’s mainstream commercial banks made a total of N648 billion in the nine months ended September 30, 2018.
Ever thought that only ₦1000 can help you start the journey to long-term wealth and rewrite your story? Do you wish your money could work for...