30 results
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 23 May 2013
Bank Chiefs Appear before Reps over N83Bn Tax Remittance
The bank chief executive officer that were threatened with arrests on Monday for failing to appear before the House of Representatives Committee on Finance investigative hearing on tax remittance…
- 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…
- 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…
- 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…
- 20 Nov 2016
NNPC, Shell Sign MoUs with Nigerian Banks for $2.2Bn Contractor Financing Support
Shell Companies in Nigeria, supported by the Nigerian National Petroleum Corporation (NNPC) has signed Memoranda of Understanding (MoUs) with eight Nigerian banks under the refreshed Shell…
- 20 Nov 2016
NNPC, Shell Sign MoUs with Nigerian Banks for $2.2Bn Contractor Financing Support
Shell Companies in Nigeria, supported by the Nigerian National Petroleum Corporation (NNPC) has signed Memoranda of Understanding (MoUs) with eight Nigerian banks under the refreshed Shell…
- 26 Aug 2013
Balogun, FCMB Boss Bags CIBN Fellowship
Chartered Institute of Bankers of Nigeria (CIBN) has as part of activities marking its 50th anniversary, conferred the fellowship of the institute, on Mr. Ladi Balogun, group managing director/chief…
- 15 Aug 2017
Banks Remove $1.2Bn 9Mobile Debt from Books
The 12 banks involved in the $1.2 billion 9Mobile loan are setting aside a large part of the debt from their books ahead of the December 31 end-date for the fiscal year, according to the Nation. The…
- 13 Aug 2021
Bank Chiefs Threaten Arrest, Prosecution of Customers Involved in Fraudulent Forex Purchases
The chief executives of deposit money banks in the country have warned customers against using fraudulent methods to get access to foreign exchange (Forex) from banks, saying those caught…
- 9 Jun 2023
Tinubu Appoints Shonubi as Acting CBN Governor
President Bola Tinubu has appointed Mr. Folashodun Adebisi Shonubi, deputy governor (Operations Directorate) as acting governor of the Central Bank of Nigeria (CBN) following the suspension of Godwin…
- 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…
- 27 Jul 2023
DLM Capital Group Acts as Lead Issuing House, Financial Adviser for DBN Debut Bond Issuance
For the Development Bank of Nigeria's first bond issue, Prominent development investment banking institution, DLM Capital served as both the principal issuing house and the financial consultant.…
- 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…
- 6 May 2026
FCMB Opens Applications for Zero-Interest Loans of Up to ₦10m for Women Entrepreneurs
First City Monument Bank has opened applications for a new round of its SheVentures programme, offering zero-interest loans of up to ₦10 million to women entrepreneurs to improve access to working…
- 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…
- 19 May 2012
NIBSS Names Folashodun Adebisi Shonubi New CEO
The Board of Directors of Nigeria Inter-Bank Settlement System (NIBSS) Plc has announced the appointment of Folashodun Adebisi Shonubi, as the new Managing Director/CEO of the foremost electronic…
- 7 Mar 2019
Ayeni, Ex-Skye Bank Chair, Others in Court over Alleged N25Bn Fraud
Economic and Financial Crimes Commission (EFCC) has arraigned Tunde Ayeni, former chairman, Board of Directors, Skye Bank Plc, before Justice Ijeoma Ojukwu of a Federal High Court, (FHC) Abuja on a…
- 25 Mar 2025
Zumax Files N4.1Bn Suit against CBN over ‘Fraudulent’ Receivership
Zumax Nigeria Limited, an oil services company, has filed a N4.1 billion lawsuit against the Central Bank of Nigeria (CBN), alleging gross negligence and complicity in what it calls a fraudulent…
- 21 Jul 2024
RT Briscoe Launches Recapitalization Fund
RT Briscoe Nigeria Plc is proud to announce the launch of a first of its kind, the "R.T. Briscoe Savings and Investment Fund". The fund is the first to allow investors save within a regulated vehicle…
- 22 Jun 2009
Skye Bank, Others Fund $240m Sub Marine Cable Project
Skye Bank Plc and two other financial institutions have signed a $240 million loan agreement with Main One Limited for the financing of the sub marine cable system which will lead to improved…
- 14 Sept 2009
Acamb Holds Conference / Retreat
The Association of Corporate Affairs Managers of Banks (Acamb) will hold its 2009 annual conference and retreat tagged “optimizing marketing communications in a global recession” on…
- 5 Mar 2019
How Ayeni, Ex-Skye Bank Boss Withdrew N17.4Bn Cash in 1 Year – EFCC
Economic and Financial Crimes Commission (EFCC) has said that Mr Tunde Ayeni, former chairman of the defunct Skye Bank Plc (now Polaris Bank), took N17.4bn raw cash from the suspense account of the…
- 11 Aug 2016
CBN Orders Bankers to Declare Assets
Central Bank of Nigeria (CBN) has ordered workers in all Deposit Money Banks (DMBs) in the country to declare their assets in a move aimed at expanding the ongoing anti-corruption crusade to…