Nigerian banker Ladi Balogun leads FCMB to $570 million gross earnings in 9 months
Billionaires Africa | 10.12.2025 23:06
FCMB Group, a financial services holding company led by Nigerian banking executive Ladi Balogun, posted stronger-than-expected results for the first nine months of its 2025 fiscal year, thanks to the surge in interest income. It reported gross earnings of N828.1 billion ($570 million) for the period ended Sept. 30, up 40.9 percent from N587.7 billion ($404 million) a year earlier.
