fcmb group plc

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    Business 7 Nigerian Banks Undercapitalized - Report

    Seven Nigerian banks are undercapitalized to the tune of N1tn ($3.2bn) according to a report from Arqaam Capital, a Dubai-based international investment bank. The report lists the undercapitalised banks as First Bank of Nigeria, Unity Bank Plc, Diamond Bank Plc, Skye Bank Plc, FCMB Group...
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    Business FCMB Declares N16.3 Billion Profit in 2016 First Half Report

    First City Monument Bank Group Plc, yesterday, reported a profit before tax (PBT) of ‎N16.3bn for the six months ended June 30, 2016. The report represented an increase of 70% from N9.6bn recorded in the comparative period of 2015. The bank partly attributed the leap in profit to foreign...
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