To deepen financial inclusion and promote economic development in Kebbi State, an international NGO, Oxfam, in partnership with First City Monument Bank (FCMB) has trained 20 Village Saving and Loans Associations (VSLA) members as community agents on agency banking.

The exercise is aimed at promoting access to affordable financial services as well as facilitating the onboarding of rural populace who represent the major financially excluded population in Nigeria on to mainstream financial sector.

The agents who were drawn from eight local government areas in Kebbi were trained on how to facilitate bank account, opening services for community members with bank verification numbers as well as how to provide other financial service such as cash deposit, withdrawal and funds transfer.

OSAID project programme coordinator in Kebbi, Mr Enock Bamaiyi, said at the training held yesterday at FCMB’s Conference Hall in Birnin Kebbi, that the beneficiaries of the training which included male and female were drawn from Birnin Kebbi, Kalgo, Suru, Sakaba, Gwandu, Danko-Wasagu, Jega and Dandi local government areas of the state.

He expressed gratitude to state government for providing enabling environment for development partners to make their contributions in the development of the state.

He however stressed the need for efficient and effective public-private partnership in deepening financial inclusion system which will promote inclusive economic development in the state.

Bamaiyi called on the trainees to take the training as an opportunity to improve their livelihood while providing needed service in the communities.

The zonal coordinator of FCMB, Mr Anule Joseph Avalumun, charged the trainees to work towards the armpit of bank’s laid down rules and regulations noting that anybody caught operating out of such rules and regulations would be sanctioned accordingly.

The trainees were provided with working materials for the smooth running of agency banking services at their respective communities under the supervision of both Oxfam and FCMB.

FCMB...First Class Marriage Breakers.

Let me go and close my account with them, before them go give person wife 6 children.

I stupidly have 3 accounts with them, at the rate of 2 children per account - omo!

themomentng:
…How he crashed actress, socialite’s marriages

Let’s face it; work place romance can be dirty if not handled properly. The drama, the emotions, bickering, drop in productivity and bad publicity makes it not always succeed and it is sometimes bad for company image and business, especially when it gets messy.

While First City Monument Bank – FCMB is currently struggling to suppress the sex scandal that is like a tsunami trying to wreck the bank and its Managing Director, Adam Nuru, Otunba Subomi Balogun as well as shareholders are having sleepless nights trying to convince the public that the bank is not home of sex scandals.

It is no doubt that banking legend and founder of FCMB, Otunba Subomi built the financial institution haven put in so much hard work and tenacity.

Over the years he formed a legacy and model for others who succeeded him to follow, but it appears that all his hard work is fast going down the drain in broad daylight.

Following the apex bank’s policy of 10 years tenure-ship for bank Managing Directors, quintessential banker along with other bank CEOs were muscled into relinquishing headship of their banks upon expiration of their two tenures of 5 years each and that saw Ladi Balogun his son assuming office as the new Managing Director of FCMB in 2005.

In his days as managing director of FCMB, which spanned across 2005 to 2015, Ladi Balogun was projected in the media to be notorious with sex scandals.

His alleged extramarital affairs, particularly with beautiful married women made headlines across media platforms.

Prominent among Ladi Balogun’s sex scandals was his alleged obnoxious affair with Nollywood actress, Uche Iwuji which reportedly crashed her marriage to wealthy oil man, Juwon Lawal.

The talented actress who said marrying a Yoruba man has always been her dream, but was prematurely dumped for her adulterous lifestyle.

Another of its kind was his alleged romance with Lagos socialite and fashionista, Uju Murphy which allegedly also led to crashing her marriage to her then husband, Murphy Uzohe.

The latter’s husband openly accused Ladi of sleeping with his wife, taking advantage of her vulnerability while he was away in faraway Japan.

According to media reports, Ladi Balogun’s infidelity casted the last straw on his marriage to Banke which reportedly ended in 2017 in what was described as irreconcilable differences.

In light of the above revelations, coupled with the current scandal ravaging Adam Nuru, can’t it be said that, FCMB is now home of sex scandals?

Meanwhile, we learnt FCMB is generously throwing cash around trying to arrest the tension orchestrated by its MD’s sex scandal with a former subordinate and married woman, Moyo Thomas, a sad development which was said to have caused the sudden demise of Tunde Thomas, but its greatest undoing is that the public seem defiant and not buying its cover up story.

On the other hand, a holistic observation reveals that Adam Nuru is not new to controversies. For instance, he was alleged to have laundered about N573 million for Ibrahim Magu, the embattled former Chairman of the Economic and Financial Crimes Commission – EFCC.

Testifying to the Presidential Panel-led by Justice Ayo Salami, Nuru said the alleged N573 million found in the account of Emmanuel Omale, the founder of Divine Hand of God Prophetic Ministries was wrongly posted, and one begins to wonder, has FCMB become a house of commotion of some sort?

Can FCMB survive all of these? Time will tell.

make I go check my account balance.i am coming back