First City Monument Bank Limited Issue of up to N20bn Series 1 Commercial Paper Now Open


Tuesday, March 03, 2020 / 02:02 PM / By Arthur Stevens Asset Mgt / Header Image Credit: FCMB


We wish to inform you that First City Monument Bank Limited ("FCMB" or the "Bank") Series 1 Commercial Paper ("CP") issuance under its registered NGN100 Billion CP Issuance Programme is now Open.


FCMB, a subsidiary of FCMB Group Plc, is a full-service commercial bank with a strong retail focus and licensed by the Central Bank of Nigeria. FCMB is the flagship company of the FCMB Group and has approximately 5.1 million customers and 206 branches in Nigeria and a banking subsidiary in the United Kingdom - FCMB Bank (UK) Limited (which is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA in the United Kingdom). The Bank ranks amongst the top 10 banks, and has presence in major cities, in Nigeria, with an asset base of NGN1.4 Trillion and total equity of NGN155.2 Billion as at 30th September 2019.


Please see below the terms of the offer:

Proshare Nigeria Pvt. Ltd.


For further information; kindly send a request via


Proshare Nigeria Pvt. Ltd.

Related News

  1. Average Yield Trend 15bps Higher to Settle at 4.0% Ahead of PMA
  2. March 2020 FGN Savings Bonds Offer for Subscription
  3. OMO AUCTION: CBN Drops Rate Across all Tenors, with the 362-DTM Closing at 13.00%
  4. Another Positive Outcome for the DMO At the February 2020 Auction
  5. The Bulls Still Out in the T-Bills Market as DMO Drops Rates
  6. DMO Request for EOI for the Appointment of the Transaction Parties for the Issuance of FGN Eurobonds
  7. Treasury Bill Auction Holds On Wednesday Feb 26th, 2020
  8. Coronation Merchant Bank Commercial Paper Issuance Series V and VI Now Open
  9. Anchoria Fixed Income Monitor: CBN Regulates Customer's Deposit in Domiciliary Account
  10. NT-Bills Average Yield Up 7bps WoW to 3.9%; Coronation MB CP Available
  11. OMO Yields Drop Further in the T-Bills Market as the Long-dated Maturities Trade below 12% Levels
  12. Nigeria Has A Good Chance To Boost Its Reserves And Prevent Devaluation In 2020 - Coronation MB

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
Related News