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    Home»Nigeria news»FCMB Group reports N111.9bn in profit
    Nigeria news

    FCMB Group reports N111.9bn in profit

    adminBy adminApril 7, 2025No Comments2 Mins Read
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    FCMM AFFICES N111.9BN

    The FCMMM PLC group has announced the financial result of the full year of December 31, 2024, to describe the benefits before N111.9 billion, the amount of year.

    The group wrote 53.9% Increase in Revenue Revenue Recoue arrives N.4 billion, which is driven by the number of 75.2% on a specified rate and amount of 8.7% in the process of finding.

    Funding costs are growing with 27.6% to N225.3 billion, supported by productivity to access items, although it is the deliverance of income for excessive costs.

    The FCMMB Digg Group continued to grow strong, and digital income to grow and 69.2% from N60.3.3.3.3.9 billion.

    More than 1.6 million sales of n188.8 billion and more than 18,000 more than 18000.2 Billion was kept through digital ways. Property Manager (AUM) in the digital economy rose to N22.4 billion, from N15.1 billion before the year.

    Customer’s confidence in FCM remained strong as the deerries grew up with 39.4%-annual N4.3 trillion, compared to last year.

    Every FCMMB GUATTS has grown with 59.5% one year to n7.05 trillion from N4.42 trillion before the time. In addition, the Group debts and progress increased by 28% to N2.36 trillion, while the amount of money driven by 35% to N1.37 Trillion at the end of December 2024.

    Describing the consequences, a Group Group’s FCMMB Group, Lad Balogun, said: “It’s too remedy in the past 2025

    As part of his repair method, the FCMMMB team was able to raise n144.6 Billion via the donations, and keeping the National Bankcale. More planned plans are met to meet the main bank of Nigeria in Nigeria in Nigeria’s importance to the World Bank.

    A Banking Banking, which helped 69.5% of PBT, wrote 7.7% of the Netch Torkins and the discovery of other materials, while the planting of other funds made in 2023.

    However, the Consumer Canch Local Recomple group by 83.5% in PBT, when the money management provided 27.9%.

    Bank preparation to control the amount of money in 2025 for the processing of Netrins to the largest end, extending a minimum amount of money, and hiding in the area. Financial money has been expected to be very tight, which is contributed to the magical issues and new donations, while the banks are renovated to spend a lot of money. The refund is expected to continue the extent of the size.

    The Post FCMM Hats N111.9BN first app in Vanguard News.

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