FCMB’s Recapitalisation Strengthens Bank For Next Growth Phase – Balogun

Leadership | 22-03-2026 05:59am |

The chief executive officer of FCMB Group, Ladi Balogun, has disclosed that the recapitalisation of its banking subsidiary, First City Monument Bank Limited, has significantly strengthened the institution’s capital base and positioned the group for its next phase of expansion. LEADERSHIP reports that the group raised more than N400 billion through a series of transactions,

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