Tag Archives: FCMB

First City Monument Bank has appointed an acting Managing Director, Yemisi Edun.

Read More »

The second edition of Third Observers Nigeria Ltd annual awards for companies that consistently pay dividend to shareholders saw the trio of NAHCO,FCMB and Learn Africa Plc carry the day.

Read More »

The FCMB Group Plc has released its financial results for the year ended December 31, 2018, which showed a gross revenue of N177.4 billion. This represented an increase of 4.3 per cent, compared to the N169.9 billion recorded same period in 2017.

Read More »

FCMB Group Plc on Wednesday informed the investing public that due to the commencement of the interim audit of the company’s commercial banking subsidiary, First City Monument Bank Limited for the period ended September 30, 2018, the group third quarter result which due date is October 31, 2018, will not be ready. This was contained in a statement which was …

Read More »

The Nigerian Stock Exchange (NSE), has sanctioned some banks along other listed companies on the exchange for failing to meet the deadline for the submission of their audited report and accounts for last year. The list of the affected listed companies indicated that FBN Holdings Plc – the holding company for First Bank of Nigeria and its former subsidiaries – …

Read More »

…As Shareholders Approves 10 kobo Dividend …Improves 2018 First Quarter Earnings  Controversies on Friday trails the 5th Annual General Meeting of First City Monument Bank Plc as Shareholders sharp disagreement which lasted for 45 minutes over election into the Audit Committee of the bank and non-receipt of gift items brought the meeting to a halt. Trouble yesterday started when the …

Read More »

Earnings performance from FCMB Holding Plc from first quarter of 2017 to third quarter of 2017 has failed to impress shareholders as shown in the company result for the period ended September 30, 2017, which has been attributed to the decline in foreign exchange revaluation for the period under review. For instance gross earnings dropped by 15.57 percent to N118.81 …

Read More »

FCMB Group Plc On Monday October 23, 2017 said it has entered into an agreement with other shareholders of Legacy Pension Managers Limited for the acquisition of an additional 60 percent stake in Legacy. According to a statement sent to the Nigerian Stock Exchange (NSE), the proposed acquisition will increase FCMB’s interest in Legacy to 88.2 percent, thus making Legacy …

Read More »

Nigerian Stock Exchange closed trading on a positive note Friday as all share index rose 1.66%. Market capitalization at the close of trading was N12,725,510,339,197.47. After trading today, All Share Index was 36,920.56 up 1.66%. Market capitalization closed at N12.7 trillion and volume of shares traded was 236,619,367.00 units in 3,803.00 deals. A value of N4,807,693,729.28 Stocks were traded on the floor. …

Read More »

A group of Nigerian banks has agreed to an extension of a $1.2 billion loan made to 9mobile, formerly Etisalat Nigeria, pending when the mobile operator’s finds new investors, FCMB bank said on Tuesday. Nigerian regulators stepped in last month to save Etisalat Nigeria from collapse and prevent lenders placing the country’s fourth biggest telecoms group into receivership, prompting a …

Read More »