ADVERTISEMENT
TechEconomy
Friday, May 9, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » FCMB Group Plc Reports Impressive 86.48% Growth in Interest Income for 9 months

FCMB Group Plc Reports Impressive 86.48% Growth in Interest Income for 9 months

Destiny Eseaga by Destiny Eseaga
December 9, 2024
in Finance
0
HERccelerate by FCMB
FCMB logo

FCMB logo

RelatedPosts

Professor Benedict Okey Oramah - Afriexim

Afreximbank Boosts Africa’s Creative Industry with $1 Billion Fund

May 8, 2025

LASMECO: Lagos, BOI, Sterling Bank Unveil N10bn Loan Scheme for MSMEs

May 8, 2025

FCMB Group Plc has announced significant financial growth in its unaudited results for the nine months ending September 2024, showcasing a remarkable 86.48% increase in interest income.

The group reported that interest income surged from N239.05 billion to N445.79 billion, reflecting robust performance and effective financial strategies.

The group achieved a profit before tax of N91.83 billion, indicating strong operational efficiency and revenue generation.

After accounting for taxes, profit after tax reached N82.40 billion, further underscoring the company’s solid financial health.

Currently, FCMB’s share price stands at N9.00, reflecting investor confidence in the company’s growth trajectory.

United BANK

This impressive growth in interest income is a testament to FCMB Group’s strategic focus on enhancing its lending operations and optimizing its asset portfolio.

The significant profit figures further illustrate the group’s commitment to delivering value to its shareholders while navigating the competitive banking landscape.

As FCMB Group Plc continues to build on this momentum, stakeholders can expect ongoing advancements in its financial performance and market positioning.

Loading

United BANK

Author

  • Destiny Eseaga

    My name is Destiny Eseaga, a communication strategist, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader world context. My passion lies in the world of finance, particularly, capital markets, investment banking, market intelligence, etc

    View all posts
0Shares

Previous Post

Julius Berger Plc Appoints Musa Sheikh to Lead as Board Chairman

Next Post

TD Africa Collaborates with Huawei, to Unveil KOMU Tech Hub

Destiny Eseaga

Destiny Eseaga

My name is Destiny Eseaga, a communication strategist, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader world context. My passion lies in the world of finance, particularly, capital markets, investment banking, market intelligence, etc

Related Posts

Professor Benedict Okey Oramah - Afriexim
Finance

Afreximbank Boosts Africa’s Creative Industry with $1 Billion Fund

by Latifat Fashina
May 8, 2025
0

The African Export-Import Bank (Afreximbank) has announced a $1 billion Africa film fund aimed at transforming the continent’s film and...

Read more
Lagos, BOI, Sterling Bank Unveil N10bn Loan Scheme for MSMEs under LASMECO

LASMECO: Lagos, BOI, Sterling Bank Unveil N10bn Loan Scheme for MSMEs

May 8, 2025
cybersecurity levy by CBN and Naira

Naira Tumbles Further across Markets, Hits N1,609/$1 Official Rate 

May 8, 2025
ExxonMobil

ExxonMobil to Invest $1.5 Billion in Nigeria’s Deepwater Sector

May 7, 2025
Afreximbank

Afreximbank to Invest $19 Billion in African Energy Bank

May 7, 2025
Senate Compliance Workshop

Senate: Experts Urge Adoption of Digital Tools to Strengthen Nigeria’s Compliance Culture

May 7, 2025
Next Post
TD Africa and Huawei at KOMU Owerri

TD Africa Collaborates with Huawei, to Unveil KOMU Tech Hub

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.