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Tag Archives: FCMB

Police Arraign FCMB, 3 Others Over Alleged Mortgage Fraud

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 …

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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 …

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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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