First City Monument Bank (FCMB)

Banking

AfDB, FCMB sign $50m loan agreement to boost SMEs, women-empowered businesses

By Olivia Nnorom The African Development Bank (AfDB) and First City Monument Bank (FCMB) have signed a $50 million Line…

By businessamlive
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Nigerian banks suffer N135.6bn decline in interest income in HY18 on falling securities yield, flat loan growth

It appears most banks' bet on securities to hedge against incurring non-performing assets have gone awry, as declining yields on…

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