Chai! Na big news wey dem drop for FCMB Group Plc matter! During their Extraordinary General Meeting (EGM) wey happen for December 8, 2025, shareholders gree make dem raise capital of up to N400 billion. This one no be small cash o!
As dem achieve this approval, e mean say dem go fit meet the minimum regulatory capital requirements wey CBN dey expect for banks wey get international license before March 2026. This be like movie wey dey gree, because e mean say First City Monument Bank Limited go continue dey operate as international bank!
Ladi Balogun, wey be the Group CEO, come dey thank all the shareholders well well for their trust. He talk say this new cash go help dem strengthen their capital ratio, invest for technology, and reduce high-cost deposits. Na so dem fit blaze through market and still deliver fresh dividends to shareholders.
He even gree talk say dem dey expect their earnings per share (EPS) go jump over 50% for the next two years. This na serious projection wey fit make plenty people smile for their account.
Furthermore, shareholders also gree accept oversubscriptions for 2025 Public Offer wey don dey hot for market. This one sweet well well as e show say investors get strong confidence on FCMB Group wey dey run the show.
Now dem don increase the share capital from N30 billion to higher amount wey go cover the new shares dem go create. All these new shares go dey exist with the old ones like brothers. FCMB no be small player o! Dem get grand plans wey go fit match Nigeria’s ambition to hit $1 trillion economy. Dem sabi wetin dem dey do!
For the investment side, dem also share news say FCMB Asset Management Limited don receive upgrade from A-(IM) to A(IM) wey be big deal for dem. E show say dem performance dey improve, and dem discipline dey shine for everyone to see!
With this kind solid results wey dem dey pull for investment, e mean say folks go fit trust dem to manage their money well well. Dem dey focus on preserving capital, generating income, and growing investment wey go sweet pass sugar!
FCMB dey set pace, and if you dey look for serious players wey fit take you fly, no look away! Na so e be for this financial arena, and we go dey watch how dem go execute all these plans wey dem get for front. Naija, hold your breath!
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