The Group Chief Executive Officer of FCMB Group Plc, Mr. Ladi Balogun, has said that the company’s ongoing N160 billion public offer will help strengthen its capital base and support …
BankingBusinessCapital MarketEconomyFinanceINVESTMENTNigeria
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FCMB GROUP
- BankingBusinessCapital MarketEconomyFinanceNigeria
Report Highlights FCMB’s Recapitalisation Strategy as Model for Nigerian Banks
A new report by geopolitical and economic research firm, SBM Intelligence, has praised the recapitalisation strategy of FCMB Group as one of the most effective approaches among Nigeria’s Tier-2 banks. …
- Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
FCMB Records N73bn Profit After Tax, Raises N144.6bn in Public Offer
First City Monument Bank (FCMB) Group Plc has announced a profit after tax of N73.34 billion for the financial year ended December 31, 2024. This marks a drop from the …
- AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
FCMB Group records N15.4bn profit before tax in H1
FCMB Group Plc recorded a profit before tax of N15.4 billion, a 73.2 per cent year-on-year growth compared to N8.9 billion in 2021 and double-digit growth across its business segments. …