FCMB completes ₦500bn recapitalisation, retains international banking licence

FCMB Group Plc has completed the recapitalisation of its banking subsidiary, First City Monument Bank Limited and secured its international banking licence after obtaining all required regulatory approvals. The Group The post FCMB completes ₦500bn recapitalisation, retains international banking licence appeared first on The Nation Newspaper.


play_arrow All Nigeria News
7 h.
Economics
ID: -2373619299688048476


Similar News expand_more


8 h. FCMB completes N500bn recapitalisation, retains international banking license
Economics
6 h. FCMB Recapitalisation Strengthens Bank for Next Growth Phase – Balogun
Economics
4 d. CBN Affirms Alpha Morgan Bank’s Capitalisation as Bank Positions for Next Phase of Growth
Economics
7 d. Reps panel backs climate finance bank to unlock $104bn investment opportunity
Economics
3 w. CBN approves BDCs’ return to forex market, allows purchase of up to $150,000 weekly
Economics
3 w. Recapitalization in the Nigerian Banking Sector: Legal considerations and strategic options
Economics
5 d. Bank recapitalisation boosts government’s drive toward $1 trillion economy
Economics
1 M. Link your BVN to bank accounts for faster reimbursement, NDIC urges customers
Economics
3 w. UBA to revamp agency, merchant banking with improved features, more value on RedPay terminals
Travel
3 w. Fintech regulation strengthens security, drives digital banking expansion
Technology
1 w. Brewery firm completes brand portfolio acquisition, expands into Africa
Economics
3 w. Gateway Mortgage Bank secures N2.2bn federal fund to boost homeownership
Real Estate
2 w. Germany’s largest bank says reforms restoring confidence in Nigerian economy
Economics
2 w. NBSF secures marketing partnership with EEXSport to boost global engagement
Economics
2 w. CBN to make international money transfers cheaper for small businesses
Economics
1 w. IBUAM Clarifies N12.9bn Scholarship Award For Borno Students Approved By Zulum
Education
2 w. Zulum approves N12.9b to sponsor Borno indigenes to study aeronautics, others
Education
1 M. NDDC Completes Sports Facility In Benin Upgrades For 2nd Niger Delta Games
Sport
1 M. Beige Africa Gets SEC Licence, Joins Nigeria’s League Of Regulated Fund/Portfolio Managers
Economics
1 M. FG renews commitment to end state interference in LGA revenue allocation
Economics
37 h. FG, World Bank unveil blueprint to save Nigeria’s shrinking water bodies
Technology
3 w. Corporate governance as a macroprudential anchor: Safeguarding Nigeria’s integration into global value chains amid 2026 economic reforms
Economics
30 h. FCCPC, NJI partner to strengthen competition, consumer protection jurisprudence
Economics
39 h. Baobab Microfinance Bank Unveils Green Finance Project For Households, SMEs
Technology
8 d. Benue receives N1.25bn, begins resettlement of Yelewata attack victims
Crime
1 M. Export now driven by certification, not just product quality or price – NEPC
Economics
1 M. Federal Government Determined To Restore Peace In Troubled Areas – VP Shettima
Politics
2 w. CAC business registration: Nigeria competing globally, needs stronger crypto regulation — Ambassador
Economics
3 w. Kebbi : Reopening of Tsamiya and Kamba borders, a stroke of economic diplomacy – Presidency
Politics
1 M. FG backs Baze university’s plan to establish aviation university in Abuja
Education
3 w. Bauchi govt reiterates commitment to continue partnering Global Affairs Canada
Politics
3 w. Wike’s bold governance, infrastructure renewal in FCT exemplary – Gusau
Technology
57 h. Mbappé Returns To Real Madrid Training Ahead Of Crucial Man City Clash
Automotive
1 M. UBA GMD/ CEO advocates security, bankable projects, others to promote Southeast Vision
Technology
60 h. International Women’s Day: Women’s credit gap persists despite targeted bank loans
Economics
2 w. UNESCO REF partners UK to provide loans for Nigerian students seeking higher education abroad
Economics
15 h. Nigeria airports to resume cash payments at access gates from Thursday
Travel
65 h. Reimagining Nigeria’s Islamic Finance Ecosystem: Sukuk Market, Financial Inclusion and TajBank’s Strategic Positioning
Economics
3 w. Governor Sani Restores Christian Pilgrimage Sponsorship In Kaduna After 11 Years
Culture
2 w. Tinubu’s executive order will curb leakages, boost Federation Account inflows — RMAFC
Economics
3 w. Kolobigi FC clinches Kwara Peace & Unity Cup in dramatic shootout
Sport
7 d. CBN Boosts Gold Reserves to $3.5bn with London Bullion Market Standard Local Purchase
Economics
1 w. NSCDC arrested 4,677 suspects, generated ₦4.5bn under my watch — Outgoing CG
Crime
3 w. $6.2bn Deal: Federal Govt Assessing MTN’s Acquisition Of IHS Towers
Technology
56 h. UCIF reports 24.6% return in 2025, boosting infrastructure investments
Economics
1 w. From frameworks to practice: Why African boards must operationalise global AI principles
Technology
2 w. FG begins payments for 2024 capital projects, targets March completion
Economics
1 w. Africa Energy Bank will determine continent’s economic future – Rewane
Economics
1 M. After decades of official optimism, Ojulari concedes NNPC cannot run refineries profitably
Economics
Popular countries based on strong economic and political relations
Add Watch Country

arrow_drop_down