Category: Money Market

FCMB Group Plc Gross Earnings hits N70bn in Q2

the group Managing Director and Chief Executive Officer, first city monument bank limited, Ladi Balogun, stated that “the decline in commission on turnover COT and remover of ATM inter-bank withdrawal charges was mitigated by the increased numbers of transactions witnessed as we grew our retail base and loan book, which drove not only lending fees, but also other transaction commissions and net revenue from funds”

Ogun Unbanking populates attracts FCMB

Speaking at the event held in Otta, the Executive Director, Lagos and South West Region, FCMB, Mr. Olufemi Bakre, said the initiative is part of it responsibility to promote the financial policy of the central bank of Nigeria CBN’s financial inclusion initiatives in other to reach out to millions of the unbanked and underbanked people with the financial system and also empowering them to become economically viable