Nigeria’s leading tier-2 bank, First City Monument Bank (FCMB) recorded significant losses at the first trading session of 2020
At about 10.55 am, the tier-2 Banking stock was trading at N3.00, printing a decline of 9.91% at the Nigerian bourse.
However, it’s critical to note FCMB is still the best performing Nigerian bank stock with yearly returns at 70%.
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