Lagos State Governor, Mr. Babajide Sanwo-Olu, has unveiled the Adopt-a-Bin programme with an initial 40,000 standard bins deployed to households and commercial entities. Sanwo-Olu spoke during the launch of the programme at Simpson Transfer Loading Station on Lagos Island, saying the gospel of waste sorting at source is now gaining ground as individual pickers of…
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Court Jails FCMB Staff For Stealing Customer’s Fund
An employee of the First City Monument Bank (FCMB), Felix Diete, has been convicted and sentenced to four years imprisonment. Felix Diete was jailed on Monday, January 11, 2021 by Justice Jane Inyang of the Federal High Court sitting in Yenagoa, Bayelsa State after four years of diligent prosecution by the Port Harcourt zonal office…
FCMB Lands In N7.5b Mess
It is surely not the best of times for First City Monument Bank (FCMB) as it has been dragged before a federal high court for allegedly obtaining the certificate of registration of a deed of all debenture belonging to ASI Building Systems Limited through fraudulent means. The aggrieved construction company also named the Corporate Affairs…
IST Orders FCMB To Pay Stockbroker N989m
The Investments and Securities Tribunal, Abuja, on Wednesday ordered First City Monument Bank Plc (FCMB) to pay N988.5 million to a stock broking firm after a decade long dispute. Valueline Securities and Investments Ltd, who brought the bank before the tribunal, said the debt was from shares purchase fund allegedly misappropriated in 2008 by the…
FCMB Supports 2016 Ojude Oba Festival To Boost Tourism
***Felicitates with Ijebuland First City Monument Bank (FCMB) Limited has thrown its weight behind the Ojude Oba Festival in Ijebu Ode, Ogun State. The bank explained that its continuous support of the Festival is borne out of its commitment to celebrate and preserve Nigeria’s cultural heritage, while also boosting the tourism sector in line with…
FCMB Manager Commits Suicide Over Bad Loan
A manager of FCMB in Lagos identified as Olisa Nwakoby, has allegedly killed himself after his company pressured him to recover a loan he approved for a customer sometimes ago. It was gathered that the deceased approved a loan of N350 million, but the customer has failed to service the loan, which management of FCMB…
FCMB Holds Forum For Export Trade Stakeholders
Come Thursday, November 5, 2015, those involved in export trade will converge in Lagos for the customer forum put together by leading financial services provider in Nigeria, First City Monument Bank (FCMB) Limited. This event, themed ‘Enhancing Capacity for Export Trade’, is in partnership with the Nigerian Export Promotion Council (NEPC). According to a press…
FCMB Holds International Trade Forum In Aba
Prominent retail and commercial bank in Nigeria, First City Monument Bank, FCMB, storms the city of Aba, Abia State, on Thursday, November 13, 2014, for an interactive session with its customers in an event tagged ‘Customers’ Forum’. The programme will also have the Bank’s international trade business stakeholders in attendance. According to a statement made…
Ekiti Varsity Wins FCMB Enactus Nigeria National Competition
A winner has emerged in the 2014 edition of Enactus Nigeria National Competition, which is sponsored by First City Monument Bank, FCMB. The contest is for tertiary institutions in Nigeria. This year’s competition, with the theme, ‘See Possibilities’, was held in Lagos from July 15 to 18, 2014 and contestants from 35 universities and polytechnics…