The National Pension Commission (PenCom) says it has approved the acquisition of Investment One Pension Managers Limited by Guaranty Trust Holding Company Limited (GTCO). The commission, on Wednesday, stated on Twitter that it has also approved...
FCMB Group has reported a 6.5 per cent jump in post-tax profit for full year 2021, according to the unaudited earnings report of the financial services group issued Wednesday. Gross earnings rose 4.6 per cent to...
The Committee of Banks Chief Executive Officers met yesterday to deliberate on their in new in the forex management. Briefing journalists after a meeting with CBN officials in Lagos, they assured that the exchange rate...
FCMB Group Plc has reported gross revenue of N94.2 billion and Profit Before Tax (PBT) of N8.9bn for the half-year ended June 30, 2021. Sharing the highlights of the Group’s unaudited results for half-year released on...
The Board of Directors of First City Monument Bank (FCMB) Group Plc has announced the appointment of Yemisi Edun as the Managing Director (MD) of FCMB Limited. This announcement is subsequent to the end of service of...
The board of directors of the African Development Bank has approved a loan of $50m to First City Monument Bank Limited to channel to local enterprises and women-empowered businesses in the agribusiness, manufacturing, healthcare and...
FCMB Pensions Limited, one of the subsidiaries of the First City Monument Bank Group Plc, has acquired a 60 percent stake in AIICO Pension Managers Limited, taking control of the subsidiary of AIICO Insurance Plc. FCMB’s...
Access Bank has won the inaugural edition of Bank Wars, a FIFA 21 Gaming competition for leading Nigerian banks, sponsored by Samsung. The bank also claimed the best goal award for the competition. In the final,...
The Central Bank of Nigeria on Wednesday said it has frozen 11 bank accounts on an order from the Federal High Court, Abuja division, to enable it conduct investigations into suspicious activities. The CBN as the...
FCMB Asset Management Ltd (FCMBAM), the Asset Management arm of FCMB Group Plc, has been assigned an Investment Manager rating of BBB+(IM) by Agusto & Co., a foremost pan-African rating agency. FCMB Group Plc is...