Tag: FCMB
How FCMB rewrote YABATECH employee’s less than a million-naira loan to N1.75m
An employee of Yaba College of Technology (YABATECH) has accused First City Monument Bank (FCMB) of refusing to waive an erroneous additional N800,000 [...]
Tantalizer Plc expands business frontiers, acquires Tade Ogidan’s entertainment company
Tantalizers Plc has acquired Grand Media Projects Limited, an entertainment company founded by renowned TV and film veteran Tade Ogidan. The acquisiti [...]
FCMB dragged to court for refusing to pay $60,000 commission to businessman, Michael Ogbole
A Lagos State High Court sitting in Osborne, Ikoyi, has adjourned the hearing of a Case Management Conference (CMC) till March 26, 2025, in a suit [...]
Ex-FCMB manager, Precious Placidus bags 121 years imprisonment over N112m fraud
A former manager of First City Monument Bank, FCMB, in Onitsha, Anambra State, Nwachukwu Placidus, has been handed a cumulative 121 years jail term fo [...]
Panic in banking circles as CBN governor sends special examiners to look into ‘cooked books’ of banks over N20trn owner related loans
Some major Nigerian banks are in a state of panic as Olayemi Cardoso, the governor of Central Bank of Nigeria, CBN governor Olayemi Cardoso has began [...]
Again, court orders FCMB to deposit N540m awarded against it to clergyman, Emmanuel Omale in chief registrar’s account within 48 hours
The Court of Appeal in Abuja has ordered the First City Monument Bank (FCMB) to pay N540 million in damages over the defamation of Prophet Emmanuel Om [...]
Court remands FCMB staff for stealing N23.5m
A Federal High Court in Port Harcourt, Rivers State, has remanded Fasiku Raphael, a former official of the First City Monument Bank (FCMB), in custody [...]
FCMB in the eye of the storm again, as EFCC arraigns its branch manager, Kichime Gomwalk for committing N55m fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned a Branch Manager of First City Monument Bank (FCMB), Kichime Gomwalk and two others [...]
FCMB staff receives one year prison sentence for forgery in Rivers
Justice AT Mohammed of the Federal High Court sitting in Port Harcourt, Rivers State, has convicted a former banker, Emeka Okafor.
Okaf [...]
Yemi Edun led FCMB: A financial institution dogged by fraud related controversies
First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos.
[...]