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FCMB appoints Mrs Yemisi Edun new managing director and clears former...

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By Audrey Lotechukwu TUE 13 JULY, 2021-theGBJournal- FCMB Board of Directors today announced the appointment of Mrs Yemisi Edun, a Fellow of the Chartered Institute...

African Development Bank bolsters women-empowered businesses with $50 million loan to...

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THUR 08 JULY, 2021-theGBJournal- The Board of Directors of the African Development Bank (AfDB) has approved a loan of $50 million to Nigeria’s First...

MARKETS: Equities retreat on profit taking on banking stocks, bond yield...

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THUR, 19 NOV, 2020-theGBJournal-Trading in the domestic bourse was bearish today, following profit taking on banking stocks - ZENITHBANK (-2.4%), STANBIC (-4.1%) and UBA...

Fitch Affirms First City Monument Bank at ‘B-‘/Stable, outlook stable

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TUE, 06 OCT, 2020-theGBJournal-Fitch Ratings has affirmed First City Monument Bank (FCMB) Ltd's ratings, including the bank's Long-Term Issuer Default Rating (IDR) at 'B-',...

Equities fall on profit taking, with All-Share Index closing 0.2% lower,...

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WED SEPT 16, 2020-theGBJournal-Profit taking continued today in the domestic equities market, with WAPCO (-3.7%) and Tier I bank stocks weighing down the bourse....

Bond yields dip 7bps to 7.8% as equity rout persist amid...

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WED, SEPT 09, 2020-theG&BJournal-Treasury bond secondary market remained bullish, as average yield contracted by 7bps to 7.8%. Across the curve, yield contracted at the...

Market Wraps: All-Share Index declined by 0.2% as investors take profit...

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THUR, JUN 18 2020-theG&BJournal- Sentiments in the domestic bourse turned negative, proving yesterday’s gain a dead cat bounce. Precisely, the All-Share Index declined by...

KDSG seals Keystone Bank, FCMB premises over N295m unpaid taxes

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The Kaduna State Internal Revenue Service (KDIRS), on Tuesday sealed the premises of Keystone Bank and First City Monument Bank (FCMB) in Kaduna over...