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FCMB acquires 96% of AIICO Pensions

FCMB acquires 96% of AIICO Pensions

FCMB Group has notified the Nigerian Stock Exchange, NSE, that its pensions arm, FCMB Pensions Limited, has entered into an agreement to acquire 96% of AIICO Pensions Limited. A statement by FCMB said the move was part of a strategy to grow the Group’s investment management portfolio and build on the inherent synergies between pensions […]

FCMB Group revenue up 6.2% to N188 billion

FCMB Group revenue up 6.2% to N188 billion

FCMB Group Plc has announced its financial results for the year ended December 31,  2019 recording Group’s gross revenue of N188 billion from N177.2billion  in the corresponding period of 2018. 
The Bank also recorded profit before tax, which rose by 9 percent to N20.1 billion from N18.442 billion in 2018.

FCMB temporarily suspends season 7 of Millionaire promo

FCMB temporarily suspends season 7 of Millionaire promo

Commits to customers’ empowerment First City Monument Bank (FCMB) has announced a temporary suspension of the season 7 edition of its bumper promotion package for savings account customers tagged, ‘’FCMB Millionaire Promo’’. The decision, which has been approved by the Central Bank of Nigeria (CBN), is part of the strategies of the bank to support […]