Tag: Ladi Balogun

Shareholders approve listing of FCMB Holdco

Shareholders of First City Monument Bank Plc have approved the delisting of the bank preparatory to the listing of FCMB Holdco on the Nigerian Stock Exchange. The shareholders during the bank’s Court Ordered Meeting in Lagos on Monday unanimously agreed that all holders of ordinary shares of the bank as […]

Shareholders endorse FCMB, FinBank merger

Shareholders of First City Monument Bank Plc and FinBank have given unanimous approval to the business combination of the two banks. A statement from FCMB noted that the approval was given by the shareholders at a court-ordered Extraordinary General Meeting in Lagos on Friday. According to the statement, 99.98 per […]

Nigerian lender FCMB to complete merger with Finbank by Q3

Nigerian lender FCMB said it would complete a legal and operational merger with former rival Finbank by the end of the third quarter. “We took full control of Finbank in February 9, and a complete integration is on the way … it will happen by the end of the third […]