Weekly update
Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
FCMB
‘He met with Tony Elumelu not banks’ executives,’ X user reacts to photo of Tinubu’s acclaimed meeting with bank executives
By Chioma Obinagwam Reactions have trailed a photo shared by the official X handle of President Bola Ahmed Tinubu’s Media centre Wednesday...
FCMB lists first bond on FMDQ
The FMDQ Exchange, through its Board Listings and Markets Committee, has approved the listing of the FCMB Group PLC ₦20.69 billion Series 1...
Sanwo-Olu, Emefiele feature at Bankers’ Committee retreat (In Photo)
By Chioma Obinagwam
Cryptocurrency: CBN fines 3 Nigerian banks N514m
Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has fined First City Monument Bank (FCMB), Fidelity Bank Plc and Wema Bank...
CBN disburses N23.2bn to 28 maiden beneficiaries of 100 for 100 PPP
By Chioma Obinagwam The Governor of Nigeria’s apex bank, the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has formally launched the 100...
Diverted millions: court orders interim forfeiture of money lodged in FCMB, Zenith Bank
A Federal High Court sitting in Lagos Friday ordered the interim forfeiture to the Federal Government (FG), the sum of N241million allegedly diverted...
CBN to get tough on customers, banks contravening new Forex policy
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has said stiff sanctions await any customer or bank who defrauds...
FCMB boss awards scholarship to boy for his integrity
By Chioma Obinagwam A little boy (names witheld) has been awarded scholarship by the Group Chief Executive of First City Monument Bank (FCMB),...
Sex scandal: FCMB gets new acting Managing Director
First City Monument Bank (FCMB) has appointed an acting managing director in the wake of the sex scandal rocking its managing director, Adam...
Don't Miss
Arthur Stevens CEO Olatunde Amolegbe to Deliver Keynote on AI, digital economy at Business Journal annual lecture 2025
By Chioma Obinagwam Olatunde Amolegbe, Managing Director and CEO of Arthur Stevens Asset Management Limited, has been announced as the keynote speaker for...
Nigeria’s NDIC Gains Tougher Powers to Jail Directors Behind Bank Failures Under New 2023 Law
By Chioma Obinagwam The Nigeria Deposit Insurance Corporation (NDIC) has declared that individuals responsible for the collapse of banks can no longer escape...