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LADI BALOGUN
FCMB Group Plc has praised CBN, SEC, and the NGX for their key support in completing the first phase of its capital-raising program, stating that the NGX Invest platform enabled 40,000 investors to participate in its public offer.
The Group CEO of FCMB Group, Ladi Balogun has stated that only about 10% of the bank’s foreign exchange gains recorded in 2023 are realized.
The Management of First City Monument Bank (FCMB) has disclosed plans to raise N150 billion between now and September 2024.
This substantial growth highlights the Group's commitment to leveraging digital solutions to enhance customer experiences and drive financial inclusion.
FCMB Group Plc (“FCMB Group” or “the Group”) has successfully completed the issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (“the Series I Bond” or “the AT1” or “the Instrument”) under its N300,000,000,000 Debt Issuance Programme.
The appointments of Mr. Balogun and James Ilori to the Board of Legacy Pension Managers (“Legacy Pensions”) come...