The bank said in a statement, “Ojude Oba represents continuity, enterprise and community.”
Mr Balogun said the bank’s verified eligible capital, comprising paid-up share capital and share premium, stood at N266.5 billion as of December 31, 2025.
FCMB has launched a ₦160 billion public share sale to strengthen its banking subsidiary and meet CBN’s new ₦500 billion minimum capital requirement for international banks.
This is compared to 3.117 billion shares valued at N90.295 billion that exchanged hands last week in 118,018 deals.
The NGX All-Share Index rose by 0.90 per cent to close at 109,710.37 points.
FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank of Nigeria (CBN) recapitalisation exercise.
“NGX indices are developed to allow investors to efficiently track market movements and properly manage investment portfolios.”
