THE police on Tuesday arraigned First City Monument Bank (FCMB) and three others before an Ikeja High Court over alleged mortgage fraud. The other defendants in the case are Polycarp Okogun, Batik Line International Ltd and Bolaji Adebajo, who is still at large. The defendants were arraigned on a four-count …
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Oyo State Govt. Partners FCMB on N1.5bn Scheme for Youth Entrepreneurs
THE Oyo State Government has partnered the First City Monument Bank (FCMB) on 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. Olaleye …
Read More »FCMB Unveils Airtime Advance To Customers
First City Monument Bank (FCMB) has introduced a unique product, the FCMB Airtime Advance, to enable customers to borrow between N200 and N5,000 from their bank accounts to purchase airtime. The Airtime Advance solution aims to provide relief to customers who are in urgent need of airtime to make …
Read More »Gbenga Daniel Mourns Death Of FCMB Founder Subomi Balogun
Former governor of Ogun State, Gbenga Daniel, has expressed shock and sadness at the news of the death of Otunba Subomi Balogun, a business mogul and founder of First City Monument Bank, FCMB. Balogun, 89, reportedly died in a London hospital, where he was taken for treatment. Gbenga Daniel …
Read More »FCMB Founder, Subomi Balogun Dies At 89
Founder of new generation bank, FCMB, Otunba Michael Olasubomi Balogun, is dead. According to reports, family sources revealed that Balogun died in London Friday morning at the age of 89. He was Otunba Tunwase of Ijebuland before his death. As a ranking Ijebu Chief, his death will, however, only …
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