Nigeria's FCMB Group reports 186% YoY profit growth to ₦104.4bn, proposes 50k dividend, and expands lending to agriculture by 38.4%.
Nigeria's FCMB Group records a 186% year-on-year profit growth to ₦104.4bn, with a proposed 50k dividend. The bank's growth extends to deposits, loans, assets under management, and revenue, with strong earnings growth in all business segments. FCMB Group also increased lending to the agricultural sector by 38.4%, supporting over 300,000 smallholder farmers, including 56% women in rural communities.
May 01, 2024
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