FCMB led by Nigerian banker Ladi Balogun gains approval for $274 million raise
Billionaires Africa | 20.12.2025 04:33
FCMB Group, a financial services holding company led by Nigerian banking executive Ladi Balogun, has secured shareholder approval to raise up to N400 billion ($274 million), a move that clears a major hurdle as the Nigerian financial services holding company works to retain its international banking license and comply with new regulatory capital requirements.
