FCMB To Give Out In Millionaire Promo

First City Monument Bank is set to reward and increase the chance of its customers through its reward scheme tagged ‘’FCMB Millionaire Promo Season 5.’’

This followed the successful previous editions of the promo which had led the lender to rewarding over 25,000 customers with various gifts, including cars and cash ranging from N1m to N5m.

FCMB explained in a statement that the Millionaire Promo Season 5, which runs from March to October 2018, was aimed at all segments of the society, especially existing and potential savings account customers of the bank.

This, however, excluded salary and domiciliary account holders, it said.

The statement read in part, “The promo has been designed to provide extra empowerment value to customers of the bank, reward them for their loyalty over the years, while also encouraging financial inclusion, the establishment of small scale businesses as well as the development of a savings culture.”

Speaking about the promo, the Executive Director, Retail Banking, Mr. Olu Akanmu,  was quoted as saying, “The FCMB promo is very credible.  The draws in the coming season will still take place in all the zones of the bank across Nigeria.

“Winners will be emerging from every region, spread across cities, towns and neigbourhoods all over the country. The strength of the FCMB franchise is very remarkable across Nigeria. This accounts for the millions of customers who are doing their savings and banking transactions with us, daily using all our channels. We will continue to reward our customers for their patronage. They are the reason why we are in business and we are poised to continue to serve them with excellent customer experience.’’

FCMB Sacks 700 Workers, 300 More To Follow

No fewer than 700 staff of First City Monument Bank have been sacked by the company’s management.

This is contrary to the figure of 150 being bandied around by the top echelon of the bank owned by industrialist, Otunba Subomi Balogun.

Balogun’s son, Ladi, is at the helm of affairs of the Bank as Managing Director/Chief Executive Officer.

Though not all the affected 700 staff members have received the letter terminating their employment, sources said the list was compiled late last year, with some of the most productive staff in the Bank included in the list.

The Eagle Online gathered that each departmental head was given the number of staff to recommend for termination of their appointments. A source said: “Even where departmental heads put up spirited defences, they were told that the Bank could no longer cope with the number of staff on the payroll.”

It was gathered that the Bank has a staff strength of about 3,000.

However, the management, The Eagle Online was told, is not done with the sack gale yet. It was gathered that the departmental heads have been told that 300 more persons have to go.

One departmental head, who has become so frustrated, it was gathered, has put his name on the list of those to be sacked.

A staff told The Eagle Online late on Tuesday: “It is becoming so tiring and frustrating here.

“We do not even know what will come next.

“We are just waiting here not knowing who will be asked to go next.”

But more curious to the staff is the news that as some of the staff are being asked to go, others are being employed.

A staff said: “It appears those to replace those who have been asked to go are already lined up.

“We are beginning to see new faces in some of the departments.

“It is very confusing.”

Eagle Online