First City Monument Bank (FCMB) was recognised as Nigeria’s Best SME-Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria (CIBN), reflecting its 24% share of the country’s N1.8 trillion SME disbursement for 2024. The award highlights FCMB’s commitment to financing sectors that drive the economy, including crop production, trade, and telecommunications, as well as providing entrepreneurs with training, advisory services, and strategic partnerships.
Yemisi Edun, FCMB’s CEO, represented by Obaro Odeghe, said: “We are truly honoured to be recognised by the CIBN, based on data from the Central Bank of Nigeria. This recognition affirms our purpose as an institution committed to making a meaningful difference in the lives of Nigerian entrepreneurs, who are the backbone of our economy. We will continue to support SMEs with the accessible finance, technology, and expert advice they need to grow. By strengthening these businesses, we drive productivity and contribute directly to national development.” The award adds to FCMB’s growing list of honours for supporting financial inclusion and MSME growth.