30 results
- 21 Feb 2017
FCMB Appoints Adamu Nuru New MD
The board of First City Monument Bank (FCMB) Group has announced the appointment of Adamu Nuru as the Managing Director of the commercial banking arm First City Monument Bank Limited. According to a…
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 7 Dec 2015
FCMB Explains Students’ Centre Donation to Pan-Atlantic University
Mr. Ladi Balogun, group managing director/chief executive, First City Monument Bank (FCMB) Limited, has explained that the decision of the Bank to donate a multi-purpose Students’ Centre to…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 1 Feb 2016
FCMB Upgrades Service Delivery with New Software
First City Monument Bank (FCMB) Limited has upgraded its service delivery platform by deploying the Finacle Core Banking solution version 10 to enhance world-class service excellence and customer…
- 18 Aug 2022
First Bank Appoints Iyamabo as Executive Director
First Bank of Nigeria Limited has announced the appointment of Mr. Patrick Iyamabo as an Executive Director. The appointment is subject to the approval of the Central Bank of Nigeria (CBN). In a…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 28 Dec 2012
FCMB Bags Card Issuance Award
First City Monument Bank Plc (FCMB) said it has been honoured as the ‘Best Bank in Pre-paid Card Issuance for 2012,” at the annual Verve Bank Awards organised by Interswitch Nigeria Limited in Lagos…
- 21 May 2013
FCMB, Skye Bank CEOs, Others Face Arrest over N83Bn Tax Remittance
House of Representatives has threatened to arrest 10 bank chief executive officers over their failure to attend its investigative hearing on tax remittance on Monday. The bank chiefs are: First City…
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 10 Sept 2013
FCMB @ 30: Sets the Pace on Financial Inclusion
First City Monument Bank Limited (FCMB) recently embarked on series of activity to develop the mindset of wealth creation amongst the masses, by making account opening simple and accessible to all.…
- 5 Oct 2020
How N900m Disappeared from MTN, MultiChoice Bank Accounts- FCMB Staff
An Ikeja Special Offences Court, Lagos heard how seven men allegedly hacked and withdrew the sum of N900 million from First City Monument Bank (FCMB), belonging to several of its customers. The…
- 9 Feb 2020
Firms Slam N7Bn Suit on FCMB over Alleged Breach of Contract
Sunlek Investment Limited and Sunsteel Industries Limited, two limited liability companies, have slammed a N7billion suit on First City Monument Bank (FCMB) Plc over alleged breach of contract. In a…
- 23 Aug 2022
SheVentures Offers N5m Interest-free Loans to Women Entrepreneurs
SheVentures, the unique proposition in support of the Nigerian woman in business, powered by First City Monument Bank (FCMB), has resumed the disbursement of 90-day zero-interest loans of up to N5m…
- 15 Dec 2020
FCMB Suspends N30Bn CP over Price Distortion
First City Monument Bank Limited, the flagship company in the FCMB Group Plc, has suspended its planned capital raiser of about N30 billion in short-term debt capital through the issuance of…
- 25 Jun 2020
IFC Supports FCMB to Finance SMEs Facing COVID-19 Related Challenges
IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand lending to small and medium enterprises (SMEs) so they…
- 5 Oct 2022
FCMB Celebrates Happy Customers, Peerless Service, Talents
By ensuring the right blend of technology and people, First City Monument Bank Limited (FCMB) is creating a feeling of happiness and satisfaction for its customers across all service touchpoints as…
- 9 Jan 2014
FCMB Signs $150m Syndicated Term Loan Facility
Commerzbank Aktiengesellschaft and Standard Chartered Bank, acting as Initial mandated lead arrangers and book-runners, have disclosed the successful signing of a $150 million Senior Unsecured Term…
- 16 Aug 2018
MTN Nigeria Inks N200bn loan facility with 12 banks for Network Expansion
MTN Nigeria on Wednesday signed a seven-year N200 billion medium term facility with a consortium of twelve (12) local banks, with FBN Quest acting as facility agent. Ferdi Moolman, Chief…
- 19 Nov 2013
Worries over Arrests of Top Bankers for Alleged Terrorist Financing
The banking industry and State Security Service (SSS) are embroiled in claims and denials over the continued detention of senior personnel of 13 Nigerian banks for alleged terrorist financing and…
- 9 Apr 2024
FCMB Reiterates Commitment to Sustainable Manufacturing Practices
First City Monument Bank (FCMB) has reaffirmed its commitment to sustainable manufacturing that minimizes negative environmental impact while conserving energy and natural resources. This was…
- 19 Jan 2009
FCMB Partners Tavia Technologies on Microsoft PerformancePoint system
First City Monument Bank PLC, (FCMB), has successfully concluded an enterprise performance management project with Tavia Technologies Limited and Microsoft. The new solution has begun to reduce costs…
- 21 May 2015
Loan Dodgers Owe Banks N138Bn
Loan default by customers made 13 Deposit Money Banks to lose a combined sum of N138 billion in the 2014 financial year, according to calculations by the Punch Newspaper. Data obtained from the 2014…
- 2 Sept 2020
EFCC Arraigns Hackers for Allegedly Stealing N900m from FCMB
Hackers have reportedly stole N900 million from First City Monument Bank (FCMB) in what could be one of the largest online heists ever, according to transcripts from an Ikeja Special Offenses Court,…
- 21 Nov 2013
Terrorist Financing: Banks Meet over Plan for Nationwide Shutdown
National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) said it will meet today to discuss the planned shut down operations nation wide in protest over the continued…
- 21 Sept 2018
4 Men Hack into FCMB Database, Steal N1Bn
Four suspected hackers were arraigned before an Igbosere Magistrate Court, Lagos for allegedly stealing the sum N1billion from accounts belonging to customers of First City Monumental Bank (FCMB).…
- 30 May 2021
Steve Babaeko, Nnadi Owanbugbe to Speak @ FCMB Flexx & Smartpreneur’s Online Business Masterclass
Leading financial services provider, First City Monument Bank (FCMB) through its Flexx Online Masterclass, will be propagating best practice systems for business planning and growth in an upcoming…
- 12 May 2022
FCMB, Mastercard Foundation Partner to Uplift 100,000 MSMEs in Nigeria
First City Monument Bank (FCMB) has partnered with the Mastercard Foundation to provide subsidized loans to 100,000 Micro, Small, and Medium Enterprises (MSMEs), to scale their operations to create…
- 30 Mar 2022
FCMB Manager Docked Over Alleged N1.2n Fraud
Mr. Tope Munis, branch manager with First City Monument Bank (FCMB), Ikeja branch, has been docked by a Lagos State High Court for allegedly aiding N1.2billion fraud against Star Orient Nigeria…
- 13 Jul 2021
FCMB Appoints Yemisi Edun as Managing Director
The board of directors of FCMB Group Plc has appointed Yemisi Edun as the managing director of First City Monument Bank Limited. A statement on Tuesday said the announcement was subsequent to the end…