Banking

FCMB provides loans to customers to purchase airtime

First City Monument Bank has unveiled an innovative product called FCMB Airtime Advance, which allows customers to borrow funds from their bank accounts. A statement from the bank said it allowed borrowings ranging from N200 to N5,000 directly from their bank accounts for the purpose of purchasing airtime, regardless of their financial status. “This solution aims to provide immediate relief to…
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Real Estate

FCMB, firms partner on housing loans

First City Monument Bank says it has partnered with real estate firms, Brains & Hammers Limited and Brooks Assets & Resources Limited, to provide affordable housing for salary earners and self-employed residents in Lagos State. A statement by the bank said the…
BankingTechnology

FCMB Recommends Nigerian Company for WEF Award

The First City Monument Bank has expressed its delight in Babban Gona, a Nigeria-based high-impact social enterprise, for winning the Schwab Award for Social Entrepreneurship at the World Economic Forum annual meeting which held in Davos, Switzerland. Babban Gona is an…
BankingBrands & People

Working with experts is the secret of my success, says FCMB founder Otunba Subomi Balogun.

Otunba Subomi Balogun, the founder of the First City Monument Bank (FCMB) Group, claims that by prioritizing God and surrounding himself with thoroughbred experts, he was able to successfully navigate the Central Bank of Nigeria’s (CBN) N25 billion recapitalization policy. He continued by saying that the two elements had greatly influenced his achievements. He said that there had been…
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Banking

FCMB unveils Actor Lateef Adedimeji As Brand Ambassador

Nigerian actor Lateef Adedimeji has been officially unveiled as an FCMB brand ambassador. This was made known to the public by the actor via his official Instagram page and FCMB official Social media page. FCMB WROTE: Yesterday, we unveiled Lateef Adedimeji as our brand…
BankingBusiness Profile

FCMB and Mastercard Foundation partner to uplift 100,000 MSMEs in Nigeria

First City Monument Bank (FCMB), a member of FCMB Group Plc, has partnered with the Mastercard Foundation to provide subsidized loans to 100,000 Micro, Small, and Medium Enterprises (MSMEs), to scale their operations to create work opportunities for young Nigerian women and men. The program, which is part of the Mastercard Foundation’s Young Africa Works strategy in Nigeria, aims to sustainably…
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