It was excitement galore for 358 customers of First City Monument Bank (www.fcmb.com) after winning cash prizes at the fifth draws of the ongoing Millionaire Promo season 7, held on September 22, 2021. Two millionaires emerged from the draws, bringing the number of millionaires in this promo edition to seven. Five others had emerged since April when the Season 7 commenced. The electronic selection of winners happened virtually in the Federal Capital Territory (FCT), Abuja; Uyo, capital of Akwa …
Tag: FCMB
Women in Nigeria have been urged to play a more active and frontal role to stimulate the growth of businesses and overall development. In addition, they have been advised to pursue leadership roles in their communities and the corporate world so as to rise to the top echelon of decision making in order to champion policies and programmes that would ensure sustainable development. The advice was given by the President and Chief Executive Officer, Global Fund for Women (GFW), Ms. …
FCMB Group notified the Nigerian Stock Exchange that it’s pensions arm, FCMB Pensions Limited has entered into an agreement to acquire 96% of Aiico Pensions Limited. This appears to be part of a deliberate strategy to grow the Group’s investment management portfolio and build on the inherent synergies between this and banking. It will be recalled that FCMB Group increased its stake in Legacy Pensions (now FCMB Pensions) to 91.6 pecent in 2019 and now has full control of …
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 can sustain business activities disrupted by the COVID-19 pandemic. The loan, made through IFC’s COVID-19 fast-track financing support package, reflects IFC’s commitment to Nigeria’s private sector following the severe challenges brought by the health and economic crisis. The funds will allow FCMB to support …
Leading financial services provider, First City Monument Bank (FCMB), has continued to blaze the trail with innovative and value-added offerings to boost the productivity and overall performance of businesses. The latest is an initiative tagged, “Top-5-In-5”, a digital video knowledge sharing and capacity building series designed to give Small and Medium Scale Enterprises (SMEs) practical insight into different areas of business to inspire them to operate optimally and successfully. FCMB indicated that the “Top 5-in-5” initiative is …