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First City Monument Bank (FCMB) Sort Codes Across Nigeria

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  • First City Monument Bank (FCMB) Sort Codes and Branches

A Sort Code identifies both the bank and the branch where an account is domiciled. A sort code is a 9-digit number with the first 3 digits identifying the bank’s code, while the next digit represents the location and the last 5 digits tell the branch.

Below is the complete list of First City Monument Bank (FCMB) sort codes and branches across Nigeria.

S/N SORT CODES  BRANCHES
1 214010077 UYO
2 214010022 EKET
3 214010051 ORON ROAD UYO
4 214010064 WELLINGTON BASSEY (UYO)
5 214010035 IKOT ABASI
6 214010048 IKOT EKPENE
7 214010019 STATE HOUSE OF ASSEMBLY UYO
8 214020012 ONITSHA
9 214030028 GOMBE
10 214030015 BAUCHI
11 214040012 BENIN
12 214040021 BENIN AKPAPAKPA
13 214040034 EFFURUN ROAD
14 214040063 BENIN UGBOWO
15 214050011 MAKURDI
16 214050037 LAFIA
17 214060014 MAIDUGURI
18 214060027 DAMATRU
19 214060030 POTISKUM
20 214070017 CALABAR, CALABAR RD
21 214070020 IKOM
22 214080023 ABUJA GARKI
23 214080023 OGBOMOSHO STREET
24 214080036 AREA 3
25 214080049 MAITAMA FEDSEC
26 214080078 LOKOJA
27 214080081 WUSE 2
28 214080094 OBAJANA
29 214090013 WARRI
30 214090026 ASABA
31 214090039 YOLA
32 214090026 JALINGO
33 214100013 ABA
34 214100026 ABA FAUKS RD
35 214100042 UMUAHIA
36 214100055 OWERRI
37 214110029 KADUNA 2
38 214110016 KADUNA AHMADU BELLO WAY
39 214110032 ZARIA
40 214120019 KANO
41 214120022 BELLO RD
42 214120048 DUTSE
43 214130012 KATSINA
44 214140015 ILORIN
45 214150018 HEAD OFFICE
46 214150021 VICTORIA ISLAND
47 214150225 APAPA 1
48 214150047 IKEJA
49 214150050 IDUMAGBO
50 214150092 IPONRI
51 214150076 ADEOLA ODEKU
52 214150063 ALABA
53 214150089 AWOLOWO
54 214150209 ALAGBADO
55 214150173 ALLEN
56 214150403 OKE ARIN 2
57 214150102 OTTA
58 214150131 AJAH
59 214150270 AKUTE
60 214150160 IDUMOTA
61 214150186 BROAD STREET
62 214150306 AIRPORT RD
63 214150034 COMMERCIAL ROAD APAPA
64 214150283 IKORODU
65 214150212 IKEJA MOTORWAY
66 214150296 OJO
67 214150429 EKWULOBIA
68 214150241 SANUSI FAFUNWA
69 214150364 MUSHIN
70 214150351 AKOWONJO
71 214150377 ADENIRAN OGUNSANYA SURULERE
72 214150128 IKEJA OGBA
73 214150115 YABA  OJUELEGBA
74 214150380 THE PALMS
75 214150393 MATORI
76 214150416 LEKKI 2
77 214150445 TINCAN
78 214150458 KETU
79 214150461 ADEOLA HOPEWELL
80 214150487 AGEGE
81 214150474 AGBARA
82 214150490 ORILE
83 214150500 MACARTHY
84 214150513 SHOMOLU
85 214150526 IDIMU
86 214150555 ADETOKUNBO ADEMOLA
87 214160011 MINNA
88 214170014 IJEBU ODE
89 214170027 ABEOKUTA
90 214170043 AGO IWOYE
91 214170030 SAGAMU
92 214170056 IJEBU IGBO
93 214180017 AKURE
94 214180020 ADO EKITI
95 214180046 OWO
96 214180059 ORE
97 214180062 IGBOKODA
98 214190023 IBADAN(GBAGI)
99 214190023 BODIJA
100 214190036 OSOGBO
101 214190049 UCH
102 214190052 ILESHA
103 214190065 SHAKI
104 214190081 OJOO
105 214210013 PORT HARCOURT
106 214210026 OLU OBASANJO WAY
107 214210039 YENEGOA
108 214210055 MIDAS PORT-HARCOURT
109 214210068 IKWERRE ROAD
110 214210042 TRANS AMADI
111 214210071 OYIGBO(PH)
112 214210084 ABULOMA
113 214210097 AGRREY ROAD
114 214220010 JOS
115 214220016 BIRNI KEBBI
116 214220029 GUSAU
117 214220032 SOKOTO
118 214250028 ONITSHA NEW MARKET
119 214250015 ENUGU
120 214250028 GARDEN AVENUE
121 214250044 AWKA
122 214250060 ABAKALIKI
123 214250028 NNEWI
124 214150568 MARINA

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Finance

CBN Maintains 11.5 Percent Monetary Policy Rate, Leaves Other Ratios Unchanged

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The Central Bank of Nigeria led Monetary Policy Committee (MPC) has left the interest rate unchanged at 11.5 percent to further stimulate activities in the real sector of the economy.

Godwin Emefiele, the Governor of Central Bank of Nigeria disclosed this at the end of the MPC meeting on Tuesday in Abuja.

He said other parameters, the Cash Reserve Ratio (CRR), Liquidity ratio, and asymmetric corridor, were left unchanged.

According to the Governor, the committee voted unanimously to maintain the current monetary policy and attributed the surge in inflation to structural policies, the increase in pump price and the recent #EndSARS protest.

Highlights of CBN-MPC’s  Decision

  • MPR was kept at 11.50%
  • The asymmetric corridor of +100/-700 basis points around the MPR
  • CRR was retained at 27.5%
  • Liquid Ratio was also kept at 30%

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Finance

Unity Bank Grew Gross Earnings by 8 Percent to N34 Billion in Nine Months

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Unity Bank Plc grew gross earnings by 8 percent despite COVID-19 and other headwinds that hurt the profitability of most businesses in the first nine months of the year.

A break down of the bank’s unaudited financial results for the period showed gross earnings rose by 8 percent to N33.91 billion for the nine months ended September 30, 2020, up from N31.26 billion posted in the same period of last year.

The lender’s total assets rose by 44 percent from N293.05 billion in the corresponding period of 2019 to N420.87 billion in the period under review.

Unity Bank grew profit before tax from N1.61 billion in 2019 to N1.71 billion in the period under review, while profit after tax expanded from N1.48 billion in the corresponding period to N1.57 billion in 2020.

Customers’ deposits stood at N332.36 billion during the period under review, up from N257.69 billion posted in 2019.

Commenting on the performance, Mrs. Tomi Somefun, the Managing Director/Chief Executive Officer, Unity Bank Plc, expressed delight at the strong growth recorded across the bank’s balance sheet, especially from both the liability and assets side of the business and across key indices.

She said, “even as the bank continues to innovate in its e-business product bouquet to target and support value chain business with robust technology and thus diversify its earnings base.”

Somefun said, “One of the areas that will define our strategic direction going forward is investment in alternative channels, leveraging further deployment of resources in technology.

“COVID-19 gave us a chance to test the integrity and scalability of our technology, the IT infrastructure, and the electronic banking channels, and provided us an opportunity to see where we needed to improve and strengthen, knowing that the future of sustainable banking business is in alternative channels.”

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Finance

Financial Sector Grew by 6.8 Percent in the Third Quarter

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Central Bank

The finance and insurance sector that comprises of both the financial institutions and insurance subsectors grew by 5.91 percent year-on-year in nominal terms in the third quarter (Q3).

According to the National Bureau of Statistics (NBS) latest report, the financial institutions’ subsector accounted for 88.89 percent of the sector in real terms in the quarter under review while the insurance subsector contributed the remaining 11.11 percent.

During the third quarter of 2020, the financial institutions’ subsector grew by 6.8 percent in Q3 2020 from 28.41 percent in Q2 2020 and 0.61 percent in Q3 2019 despite COVID-19 and a tough operating environment. The insurance subsector, however, contracted by -18.67 percent in Q3 2020 from -29.53 percent in Q2 2020 and 3.96 percent in Q3 2019.

On a quarterly basis, the sector declined by 24.76 percent.

In terms of contribution to GDP, the finance and insurance sector contributed 2.46 percent in Q3 2020, higher than the 2.40 percent it represented a year ago and lower than the contribution of 3.76 percent achieved in the previous quarter.

The economy contracted by 3.62 percent in the third quarter following a 6.10 percent decline posted in the second quarter. Nigeria is officially in the second economic recession in four years.

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