During the 10th Annual General Meeting of the FCMB Group Plc, held in Lagos on April 28, Ladi Balogun, the Group Chief Executive, discussed the company’s plans to achieve a robust performance in the 2023 financial year.
Mr Balogun said, “Our purpose is to foster inclusive and sustainable growth in the communities we serve. We plan to build a supportive ecosystem that connects people, capital and markets in Nigeria and the rest of Africa. “We also intend to deepen our use of technology and accelerate our digital transformation to ensure convenience, speed and safety of transactions for our customers,” he said, adding that the company aims to provide greater convenience to customers and better economics for each business while innovating faster and more effectively.
Commenting on the financial results for the year ended December 31, 2022, the Group CEO said the company delivered impressive results and achieved a Profit Before Tax of N36.6 billion, representing a 61 per cent Year-on-Year growth and a 33.5 per cent growth in gross revenue to N283 billion from N212 billion the previous year.
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