Home Topics FCMB

FCMB

Small and Medium Enterprises (SMEs)

FCMB supports capacity building for SMEs

First City Monument Bank (FCMB) has reiterated its commitment to building capacity of Small and Medium Enterprises (SMEs).
Ayodele Fayose, former governor of Ekiti state, has lost out in his bid to be granted bail by the federal high court in Lagos.

CJ transfers Ayo Fayose’s N6.9 billion fraud case to new judge

The Chief Judge (CJ) of the Federal High Court has transferred the trial of the former Governor of Ekiti State, Ayodele Fayose, charged with alleged N6.9 billion fraud, to a new judge.

Church treasurer charged with swindling pastor

A treasurer at the Apostolic Church of Nigeria, Friday Robbinson, who allegedly swindled a senior pastor of N850,000, yesterday appeared at an Ikeja Chief Magistrates’ Court.

Church treasurer in court for allegedly swindling pastor of N.85 million

A treasurer in the Apostolic Church of Nigeria, Friday Robbinson, who allegedly swindled a Senior Pastor of N850,000, on Thursday appeared in an Ikeja Chief Magistrates’ Court.

Lawyer asks court to nullify central bank chief’s re-appointment

A whistle blower, George Uboh, has challenged the plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele

Appeal Court affirms five years jail term against college of education workers

The Oyo Division of the Court of Appeal has affirmed the five years jail term issued against each of three workers of the Tai Solarin College of Education (TASCE).
Ayodele Fayose

Lagos court admits extra-judicial statement of dead man in ex-Governor Fayose’s N6.9 billion fraud...

A Federal High Court in Lagos on Monday admitted in evidence an extra-judicial statement of a dead man, Justin Erukaa, in the trial of Ekiti State former Governor, Ayodele Fayose, facing charges of N6.9 billion fraud.
First City Monument Bank

FCMB introduces product for women-owned SMEs

First City Monument Bank (FCMB) has introduced another value-added initiative called SheVentures, for women-owned small and medium scale enterprises (SMEs).

Bismarck Rewane retires from FCMB Group board

The Chief Executive Officer of the Financial Derivatives Company Limited, Mr. Bismarck Rewane, has retired from the board of FCMB Group Plc.
Tunde Ayeni

EFCC: Tunde Ayeni took N17.4bn cash from Skye Bank in one year

The Economic and Financial Crimes Commission, EFCC, says a former Chairman of the defunct Skye Bank Plc (now Polaris Bank), Tunde Ayeni, took N17.4bn raw cash from the suspense account of the bank between January 1 and December 31, 2014.
Nigerian Stock Exchange NSE

NSE: Trading sways southward, down by 0.14 per cent

The Nigerian bourse swayed southward on Thursday dropping marginally by 0.14 per cent, amid profit taking ahead of the Presidential and National Assembly elections.
Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the agency will monitor campaign funds donated to political parties for the 2019 elections as well as donors’ identities.

EFCC secures 40 convictions in January

The Economic and Financial Crimes Commission (EFCC) has said it recorded a landmark 40 convictions in January 2019 alone.

Court awaits fresh directive for continuation of ex-Governor Kalu’s alleged N7.2 billion fraud trial

Justice Mohammed Idris of a Federal High Court in Lagos on Wednesday said that the court would await further directives to proceed with the trial of a former Governor of Abia, Orji Kalu, facing charges of N7.2 billion fraud.

Senator Obanikoro testifies at former Governor Fayose’s trial

A former Minister of State for Defence, Sen. Musiliu Obanikoro, on Monday told a federal high court that money was given to former Gov. Ayo Fayose of Ekiti from the impress account of a former National Security Adviser, in June 2014.
Subomi Balogun

Olasubomi Balogun: Education, critical driver of economic development

The founder of the FCMB Group, Otunba Olasubomi Balogun, has described education as one of the critical drivers of development of any society.

Court orders two contractors to open defence in EFCC criminal case

An FCT High Court, Kubwa on Monday ordered two contractors and their company to open their defence in a criminal trial filed by the the Economic and Financial Crimes Commission (EFCC).
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court orders Orji Kalu to submit self to EFCC

Justice Mohammed Idris of a Federal High Court in Lagos on Monday revoked the bail of a former Governor of Abia, Orji Kalu, following his failure to appear in court for trial as scheduled.
Nigeria Stock Exchange

Nigeria capital market indices increase by 0.37 percent

The crucial market indices of the Nigerian Stock Exchange increased by 0.37 per cent on Friday following gains by some highly capitalised equities.

Recent Stories

Supreme Court of Nigeria

Supreme Court dismisses suit challenging Borno governor’s nomination

The Supreme Court on Thursday dismissed a suit filed by Idris Mamman-Gatumbwa challenging the nomination of Governor Babagana Zulum by the All Progressives Congress (APC) as its governorship candidate for the 2019 general elections.

Federal government raises alarm over new cassava brown streak disease

The Federal Government has raised an alarm over a recent virile disease, Cassava Brown Streak Disease (CBSD), ravaging East and Central Africa now making its way to West Africa.

Cleric seeks end to 40 years marriage over sex denial after eight children

An Islamic cleric Ganiyu Salami, on Thursday approached an Igando Customary Court, Lagos, to end his 40 years marriage to Halimatu, for allegedly denying him sex and threatening his life.
Justice Darius Khobo of Kaduna State High Court, on Thursday, adjourned hearing in the application for permission to travel to India for medical attention filed by Ibrahim El-Zakzaky and his wife, Zinat, to July 29.

IMN kicks as court adjourns Ibraheem El-Zakzaky’s bail hearing

Justice Darius Khobo of Kaduna State High Court, on Thursday, adjourned hearing in the application for permission to travel to India for medical attention filed by Ibrahim El-Zakzaky and his wife, Zinat, to July 29.

CSOs give Governor Ayade 60 days to conduct council polls

A coalition of Civil Societies Organisations (CSOs) in Cross River, have given Governor Ben Ayade 60 days to conduct local government election in the state.