FCMB SheVentures Mentoring Programme supports women entrepreneurs with financial solutions SheVentures Currently on 11th Cohort Five Key Areas Outlined during the session The FCMB SheVentures Mentoring Programme, in partnership with NECA’s Network of Entrepreneurial Women, recently celebrated the virtual graduation of 215 women entrepreneurs. Eko Hot Blog gathered that this achievement marks the completion of … Read more
The Oyo State Government has partnered the First City Monument Bank (FCMB) on a N1.5 billion loan scheme for youth entrepreneurs in agribusiness. The state’s Commissioner for Agriculture, Mr Olasunkanmi Olaleye, disclosed this while briefing newsmen on the outcome of the weekly State Executive Council meeting on Wednesday in Ibadan. EDITOR’S PICKS Focus on Hard … Read more
FCMB Group, Subomi Balogun, has passed away at the age of 89 in London. Balogun was a Nigerian banker and philanthropist who founded First City Merchant Bank and also built a National Pediatric Centre in Ijebu-Ode. He held various chieftaincy titles during his lifetime. Eko Hot Blog reports that Founder of First City Monument Bank … Read more
A Kano-based businessman has accused FCMB bank of refusing to explain how the sum of N450,000 was debited from his account EKO HOT BLOG reports that First City Monument Bank, FCMB, has been accused of refusing to provide concrete reasons N450,000 was debited from the account of a Kano-based business owner without his consent. … Read more
Fire has gutted an FCMB building in Kwara State. EKOHOTBLOG reports that the First City Monument Bank (FCMB) has been gutted by fire. It was gathered that the bank located on Murtala Mohammed Road in Ilorin, the Kwara State capital, was gutted by fire around 3.20 pm on Wednesday The inferno was said to have … Read more
Earlier this week, First City Monument Bank (FCMB) announced Yemisi Edun as its MD/CEO replacing Adam Nuru… Guaranty Trust (GT) Bank, on Wednesday, announced the appointment of Miriam Olusanya as its Managing Director/CEO, the first woman to occupy the position since the bank was founded in 1990. Following the announcement, GTBank joined a growing list … Read more
According to the board, Nuru left at the “end of service”, but it did not state why he left ahead of time First City Monument Bank (FCMB) has said that its immediate past managing director, Adam Nuru, who was at the centre of an alleged paternity scandal months ago, did not breach any of its … Read more
The investigator said that as soon as the police began investigations into the alleged fraud, all the accounts of the beneficiaries across the country were blocked. The Special Fraud Unit (SFU) of the Nigeria Police Force on Tuesday opened evidence in the trial of a seven-member syndicate that allegedly defrauded customers of First City … Read more
…the deceased was refused access to his money since Friday even after producing his next of kin as required by the bank. A man has reportedly slumped and died at a First City Monument Bank in Port Harcourt due to what eyewitnesses describe as “frustration and unfriendly treatment by the customer service officers of the … Read more
Hauwa, the wife of embattled Managing Director of First City Monument Bank (FCMB), Adam Nuru has described as “malicious and deliberate falsehood” her purported divorce bid over allegations of infidelity and paternity scandal involving her husband, and a former employee of the bank, Moyo Thomas. While responding to reports in the media that said she … Read more
Things are going from bad to worse for Adam Nuru, the troubled Managing Director of First City Monument Bank (FCMB). Ekohotblog gathered wife of embattled Nuru, Hauwa, has moved out of their matrimonial home and plans are underway to dissolve their marriage. Hauwa has instructed her lawyers to set will to purpose as she files … Read more
First City Monument Bank Limited (FCMB) has appointed Yemisi Edun as the acting Chief Executive Officer of the institution. The decision was followed after the Chief Executive Officer, Mr. Adam Nuru, was asked to proceed on voluntary leave as the board begins discreet investigations into allegation of paternity scandal and gross misconduct labeled against him. … Read more
The Managing Director, First City Monument Bank (FCMB) Limited, Adam Nuru, has voluntarily taken a leave from work to enable the bank investigate allegations of unethical conduct levelled against him. This was contained in a statement issued by FCMB on Tuesday. According to the statement, the bank is “aware of several stories circulating across several … Read more
The ongoing controversy surrounding the under-fire Group Managing Director of First City Monument Bank (FCMB), Mr Adam Nuru, has taken another twist as Moyo Thomas, wife of the deceased Tunde Thomas has stated that contrary to viral reports, her two children were indeed fathered by her late husband. Much pandemonium has rented the air in … Read more
First City Monument Bank (FCMB) recorded losses in early hours of trading on Monday, the first trading day of 2021 as it shares dropped by six percent. According to data on the Nigerian Stock Exchange website, the bank’s shares lost 0.20k from the N3.33k it closed at on Thursday, December 31. This represents a loss … Read more
The management of First City Monument Bank (FCMB) has broken the silence on allegations of unethical conduct levelled against its Managing Director, Adam Nuru. As reported earlier by Eko Hot Blog, a man, Tunde Thomas had learnt from his wife, Moyo that he is not the biological father of their two children and as a … Read more
Man Demands For All The Money In His Account From Bank Over Poor Services (Video) Ekohotblog, September 5, 2020. Shocking display at an FCMB bank branch in Owerri, Imo State after an unsatisfied customer demanded to be given all the money in his account over poor service. The incident making rounds on the internet captured when the customer and the … Read more
First City Monument Bank (FCMB) in its efforts to boost productivity and overall performance of businesses is set to connect entrepreneurs to experts the latest initiative tagged “Top-5-In-5” “Top-5-In-5”, a digital video knowledge sharing and capacity building series designed to give Small and Medium Scale Enterprises (SMEs) practical insight into different areas of the business … Read more
FCMB Group Plc has obtained regulatory approval to hold its annual general meeting (AGM) through the use of proxies in order to circumvent restrictions imposed by governments as part of containment strategies for the Covid-19 pandemic. FCMB Group had scheduled its AGM for Tuesday, April 28, 2020 in Lagos. Lagos State, the epicentre of the … Read more
First City Monument Bank (FCMB) has done a patriotic duty flagging a suspected account after an inflow of $54,000 and then doubling down by reporting the account to the Economic and Financial Crimes Commission for investigation. The bank’s exemplary role came to light in court filing by the EFCC asking a Federal High Court in … Read more