FCMB

FCMB acquires 60% stake in AIICO Pensions

By Asishana John Following Regulatory approval, FCMB Pensions Limited, a subsidiary of FCMB Group Plc, has acquired a majority stake in AIICO Pension Managers Limited, a regulatory disclosure statement signed by Kayode Adewuyi, chief financial officer, FCMB, and Ladi Balogun,…

AfDB approves $50m loan for FCMB to bolster SMEs

The Board of Directors of the African Development Bank has approved a loan of $50 million to Nigeria’s First City Monument Bank (FCMB) to channel to local enterprises and women-empowered businesses in the agribusiness, manufacturing, healthcare and renewable energy sectors.…