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Brand News
FCMB Launches Education Advisory Services for Overseas Studies
Leading financial services provider,First City Monument Bank (FCMB), on Thursday, May 31, 2018 unveiled a scheme tagged, ‘’FCMB Education Advisory Service’’. This service would ensure convenient and affordable education support for…
SCOOP: GTB’s Wale Oyedeji and Olutola Omotola resigns
Reports reaching Nairametrics indicate two of Guaranty Trust Bank’s Executive Directors have resigned their positions at the bank. The directors are Olutola Omotola and Wale Oyedeji. We understand that they resigned about two weeks ago.…
Taxify closes $175m investment, targets expansion in Nigeria
Ride-hailing company, Taxify, has said it is now working on expanding the platform’s availability to drivers and riders in Nigeria after completing an investment round of $175m. It stated in Lagos on Wednesday that the $175m investment…
Cheers! Coca-Cola launches first alcoholic drink in Japan
Coca-Cola launched its first ever alcoholic drink on Monday in Japan — a fizzy, lemon-flavoured concoction laced with spirits that seeks to capitalise on the growing popularity of “chuhai” alcopops enjoyed especially by young…
Coca-Cola Nigeria, Other Stakeholders Call for Increased Collaborations on Water Sustainability
Lagos, Nigeria. Stakeholders drawn from water related fields in the public sector, non-governmental organizations and corporate organizations including Coca-Cola Nigeria have agreed on the need for increased level of collaborations to…
WINNERS EMERGE IN FCMB-SPONSORED “SECURE LAGOS HACKATHON”
Winners have emerged in the Secure Lagos Hackathon, organized by the Lagos State Employment Trust Fund (LSETF) and sponsored by leading lender First City Monument Bank (FCMB). The Hackathon was designed to encourage creation of…
FCMB Produces More Millionaires in First Draws of ‘ ’Millionaire Promo Season 5 ’’
The first draws of First City Monument Bank’s (FCMB) latest bumper reward scheme, tagged, ‘ ’FCMB Millionaire Promo Season 5 ”, took place across Nigeria on May 23, 2018 with the emergence of additional four customers of the Bank as…
“Pursue your Aspirations”, FCMB inspires customers in a new thematic campaign
First City Monument Bank (FCMB) recently took another bold step to deepen its history of excellence and consolidate its position as one of the foremost financial institutions in Nigeria. The latest milestone came in the form of a new…
Sterling Bank chairman says it might become a holding company
Asue Ighodalo, chairman of Sterling Bank Plc, says the organisation is considering changing its operational structure from that of a bank to a holding company. Speaking at the bank’s annual general meeting on Thursday, Ighodalo said…
FCMB LAUNCHES FLEXX ENTERPRENEURSHIP MASTERCLASS SERIES FOR NIGERIAN STUDENTS
• Holds maiden edition in the University of Ibadan. • University of Nigeria, Nsukka edition scheduled for May 24-25, 2018 First City Monument Bank, FCMB has kicked off its Flexx Entrepreneurship Masterclass series with a debut in…
FCMB ATTAINS ISO CERTIFICATION FOR QUALITY MANAGEMENT
Leading financial services provider, First City Monument Bank (FCMB), has been awarded the prestigious International Organisation for Standardisation (ISO) 9001:2015 certificate for Quality Management System. The Bank was presented with…
First Bank MD, Sola Adeduntan, Withers As The Bank Suffers Huge Debt Portfolio
The headship of banking institutions is one job that comes with monstrous challenges, envisaged or unforeseen. Almost all of Nigerian banks’ managing directors/chief executive officers always take over from their predecessors amidst…
9mobile Sale: Teleology Struggles To Beat Deadline, Shops For $300m
Hope seems to be rising for the 9mobile preferred bid winner, Teleology Holdings, as the deal for the acquisition of the debt-ridden telecommunications company, formerly known as Etisalat, will continue despite the challenges from…
INTERVIEW: Why #BBNaija House is located in South Africa — Multichoice MD, John Ugbe
On the sidelines of the just-concluded Digital Dialogue Conference held in Dubai, the Managing Director of Multichoice Nigeria, John Ugbe, fielded questions from a group of Nigerian editors on his company’s operations in Nigeria.He…
MEMMCOL WINS LCCI ‘MADE IN NIGERIA PRODUCT OF THE YEAR’ AWARD
Nigeria’s leading indigenous smart meter manufacturers, Momas Electricity Meters Manufacturing Company Limited (MEMMCOL) has emerged the winner of the ‘Made in Nigeria Product of the Year Award’ for its outstanding contribution in the…
Otedola’s Forte Oil to sell some Nigerian assets
Forte Oil says it has plans to sell some of its Nigerian assets and shut down its operations in Ghana. In a notice to investors on Wednesday, the company, which is owned by Femi Otedola, said it will end its upstream and power…
Fidelity Bank declares N18.9 billion profit
Fidelity Bank Plc on Monday announced an impressive result for the year ended December 31, 2017 with a profit, after tax, soaring by 94 per cent. The bank in an audited result released by the Nigerian Stock Exchange (NSE) posted a…
Net profit hits N19.7b as Oando defies odds
Oando Plc grew its net profit by 405 per cent to N19.7 billion in 2017, sustaining a positive trend of good performance over the past five quarters. Key extracts of the audited report and accounts for the year ended December 31, 2017…
FCMB Assures of Enhanced Performance as Shareholders Approve Results at AGM
FCMB Group Plc is on a stronger pedestal and will continue to provide superior performance that would add significant value to stakeholders in a sustainable manner in spite of the challenging macroeconomic and regulatory environments.…
Meet Sanjeev Gupta, the turnaround king who bought Diamond Bank UK
Diamond Bank Plc recently announced the sale of its UK subsidiary Diamond Bank (UK) Plc to Weylands trust, a member of the GFG Alliance. The bank will be renamed British Commonwealth Trade Bank (BTCB). The acquisition is the second…
PANASONIC LAUNCHES NEW SHOWER COOLING, AEROWINGS AIR CONDITIONERS
…Celebrates 100th Anniversary Panasonic Corporation, the worldwide leader in electronics technologies and solutions for customers and the global leading air conditioning company has launched a new range of Shower Cooling Aerowings…
3 things critics of Dangote won’t like about Dangote Cement’s latest results
Nigerian Billionaire and Africa’s richest man Aliko Dangote has a lot of admirers and he inspires many in the corporate world. However, he also has his own critics some of whom either do not like his aggressive way of competing with…
Coca-Cola Nigeria Partners Ogun State to Upgrade Education Facilities
Coca-Cola Nigeria in partnership with the Ogun State Universal Basic Education Board (SUBEB) is set to embark on a construction and rehabilitation work at the First Baptist Primary School, Ijaye-Oja Ale, Ilogbo, Abeokuta, Ogun State.…
Chapel Hill appointed to handle MTN’s $5.2bn listing in Nigeria
Telecoms giant MTN has appointed Chapel Hill Denham as one of the three brokers for its initial public offering (IPO) on the Nigerian stock market. The Nigerian financial firm will work alongside Renaissance Capital and Rand Merchant…