The Board of Directors of FCMB Group Plc has announced the retirement of Mr. Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an Executive Director of the Group.
1 Dec 2020
Following gains recorded by most blue-chip stocks, the equity market ended trading for the month of November, bullish, as the All-Share Index (ASI) appreciated by N82 billion.
5 Nov 2020
The bulls sustained their hold on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks appreciated at price, causing market capitalisation to increase further by N4 billion. Yesterday, the All-Share Index (ASI) increased by 8.41 absolute points, representing a growth of 0.03 per cent to close at 30,741.88 points. …
8 Oct 2020
The founder of FCMB Group, Otunba Olasubomi Balogun, has made a final donation of his Otunba Tunwase National Pediatrics Centre (OTNPC), located at Ijebu-Ode in Ogun State...
30 Jun 2020
FCMB Group said it has notified the Nigerian Stock Exchange (NSE) that its pensions arm, FCMB Pensions Limited, has entered into an agreement to acquire 96 percent of AIICO Pensions Limited.
29 Apr 2020
Gains recorded by some high value stocks buoyed transactions on the equities sector of the Nigerian Stock Exchange (NSE), yesterday, causing investors’ wealth to appreciate further by N58billion.
12 Sep 2019
Bargain hunting in some medium and highly capitalised stocks, aided the bulls to upstage the bears at the end of yesterday’s transactions on the Nigerian Stock Exchange (NSE), causing market...
26 Jul 2019
Following persistent sell pressures in the shares of some bellwethers, transactions on the trading floor of the Nigerian Stock Exchange...
3 May 2019
Following bargain hunting in some high cap stocks, especially Transcorp, and Japaul Oil, trading on the floor of the Nigerian Stock Exchange..
2 Apr 2019
FCMB Group Plc has posted a gross revenue of N177.4 billion, for the financial year ended December 31, 2018, an increase of 4.3 per cent compared to the N169.9 billion for the same period in 2017. It also reported a rise in profit before tax rose by 73 per cent to N18.4 billion, against N11.5…
1 May 2018
Following the successful acquisition of majority (88.2 per cent) stake in Legacy Pension Managers Limited, FCMB Group Plc has expressed optimism on the bank’s sustained growth trajectory, as the benefits of key investments begin to reflect in its operations. The Group Chief Executive Officer, Ladi Balogun, speaking at the 2017 yearly general meeting of the…
20 Nov 2017
FCMB Group Plc and its commercial and retail banking subsidiary- First City Monument Bank (FCMB) Limited, have promoted 537 workers, as part of the Group’s tradition of rewarding and motivating employees for higher productivity.