Bank Branch Closures: Nigerian Banks Shut 476 Locations in 3 Years as Digital Push Accelerates
The physical footprint of traditional banking in Nigeria is shrinking rapidly. Between 2022 and 2025, Deposit Money Banks (DMBs) across the country closed a net total of 476 branches and cash centres, reducing their brick-and-mortar network by 8.8 per…
Credit Demand Surge: FCMB Increases Instant FastCash Loan Limit to ₦500,000
Responding to growing consumer demand for fast, flexible credit, First City Monument Bank (FCMB) has officially increased the maximum limit on its paperless digital loan platform, FastCash, to ₦500,000. The strategic adjustment comes as households and…
Financial Relief: FCMB Increases FastCash Instant Loan Limit to ₦500,000
In a bid to provide greater financial support and convenient credit access to its customers, First City Monument Bank (FCMB) has announced an upward revision of its instant digital loan product, FastCash, raising the maximum borrowing limit to ₦500,000.…
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