LAGOS FEBRUARY 8TH (NEWSRANGERS)-For the first time in 2022, the Central Bank of Nigeria (CBN) has wielded the big stick and debited Zenith Bank Plc, Providus Bank, First City Monument Bank (FCMB) Limited and 11 other banks N356.1billion for failing to meet its 27.5 per cent Cash Reserve Requirement (CRR) obligation. The fresh debit, which…
LAGOS JANUARY 6TH (NEWSRANGERS)-Adam Nuru, Managing Director of First City Monument Bank (FCMB), has opted to go on leave amid the allegation of marital infidelity, TheCable understands. Sources disclosed that a panel is currently probing the allegation against Nuru, who has been accused of having an affair with a former official of the bank, who…
LAGOS JANUARY 5TH (NEWSRANGERS)-Moyo Thomas, the lady in the sex scandal story involving the Managing Director of First City Monument Bank, Nuhu Adams, has spoken on the incident that was alleged to have led to the death of her husband, Tunde Thomas. Moyo’s response, authored by her family, however, did not state the involvement of…
LAGOS JANUARY 2ND (NEWSRANGERS)-Over 1400 people (as of press time) have signed a petition asking the Central Bank of Nigeria (CBN) to sack the managing director of First City Monument Bank (FCMB), Adam Nuru. The petition alleged that the bank chieftain was responsible for the demise of Tunde Thomas. Mr Thomas was said to have…
LAGOS AUGUST 10TH (NEWSRANGERS)-Adam Nuru, Managing Director of First City Monument Bank (FCMB), says the bank made an error of posting N573 million into the church account of Emmanuel Omale. The Presidential Committee on Audit of Recovered Assets (PCARA) had accused Ibrahim Magu, suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), of…