FCMB Group Plc says its Board of Directors has approved the company’s budget and strategic plan for the 2026 financial year.
The approval was given at a board meeting held on November 28, 2025.
The update, disclosed in a filing with the Nigerian Exchange Group (NGX) on Thursday, December 4, 2025, was signed by Olufunmilayo Adedibu, the company secretary.
According to the disclosure, the new budget outlines plans to strengthen the balance sheet, improve profitability, and deepen the bank’s presence across retail, commercial, and corporate banking. It also reveals a stronger drive into SME financing, sustainable lending, consumer finance, and wealth management.
FCMB Group is listed on the Main Board of the NGX. Its share price traded at around N10.50 at the time of this report.
The stock is the third most traded on the Exchange in the past three months, with 1.92 billion units traded in 44,050 deals, valued at N20.1 billion. It currently ranks 101st in Year-to-Date performance.
The lender is also preparing for a virtual Extraordinary General Meeting (EGM) scheduled for Monday, December 8, 2025, where it will seek shareholders’ approval to raise N400 billion in new capital.
