First City Monument Bank Group

First City Monument Bank Group PLC (FCMB Group) is a Nigerian financial services holding company listed on the Nigerian Exchange Limited (NGX: FCMB), incorporated in 2012 as a non-operating holding company for First City Monument Bank Limited (founded 1982 as the Nigerian banking arm of the late Chief Otunba Subomi Balogun's City Securities Limited). Chief Subomi Balogun CFR founded City Securities Limited in 1977, making him Nigeria's first merchant banker, and went on to establish First City Merchant Bank (now FCMB) in 1982. FCMB Group operates across commercial banking, investment banking (FCMB Capital Markets, CSL Stockbrokers), asset management (FCMB Asset Management), microfinance (Credit Direct Limited), and fintech (Credit Direct). The group serves retail, corporate, and institutional clients across Nigeria and has a subsidiary in the UK.