FCMB Raises N500 Billion, Meets CBN’s International Banking Capital Requirement
FCMB Group Plc has successfully raised N500 billion, enabling its banking subsidiary to meet the Central Bank of Nigeria’s (CBN) ...
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Tag: #FCMB
FCMB Nears N500bn Recapitalisation Target for International Banking Licence
FCMB Group is close to meeting the N500 billion recapitalisation target required for an international banking licence, according to sources ...
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Nigeria’s Banking Recapitalisation Enters Final Stretch as Lenders Split on Strategy
Nigeria’s banking sector is entering the decisive phase of its most ambitious recapitalisation exercise in more than a decade, with ...
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FCMB Secures National Banking Licence After Capital Raise as Recapitalisation Deadline Nears
FCMB Group Plc has secured a national banking licence for its flagship subsidiary, First City Monument Bank, following the completion ...
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FCMB Takes Possession of Bankers Warehouse, Vandt Investment Assets Over N4.4bn Debt
First City Monument Bank Limited (FCMB) has taken possession of properties and assets belonging to Bankers Warehouse Limited, Vandt Investment ...
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