By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: COVID-19: FCMB sustains support to government and Nigerians with multi-dimensional intervention strategy
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
NewsTop stories

COVID-19: FCMB sustains support to government and Nigerians with multi-dimensional intervention strategy

Farouk Mohammed
By Farouk Mohammed
Published: April 30, 2020
Share
3 Min Read
SHARE

As the COVID-19 (novel coronavirus pandemic) takes an intense twist, with its prevalent negative effect on individuals, households, businesses and health systems, leading financial services provider, First City Monument Bank (FCMB), is stepping up the tempo of its interventions through various humanitarian gestures.

As a caring and responsive Bank, FCMB has ensured the stability of its robust digital channels thereby enabling customers to have full access to financial transactions and other services, while also helping the government, communities and individuals to mitigate the impact of the pandemic.

The institution’s intervention has been hinged on providing relief across a range of areas spanning across testing, the provision of PPEs (personal protective equipment), food for the very needy and ease of doing business for small and medium scale firms.

- Advertisement -

By far, FCMB’s most significant contribution – of N250 million – has been to the intervention initiative set up by the Central Bank of Nigeria (CBN), in partnership with the private sector, to assist the Federal Government respond effectively to COVID-19, known as the Private Sector Coalition Against COVID-19 (CACOVID) . The fund will also support households and businesses to mitigate the impact of the virus, through the building of isolation and treatment centres, providing personal protective equipment and distributing food to over 10 million of the most economically vulnerable Nigerians.

Also, FCMB is providing relief items to challenged individuals and households across Nigeria affected by the lockdown by working with various charities and state governments. The palliatives include Personal Protective Equipment for health workers and food items to sustain a large section of the population whose means of livelihood have been affected by COVID-19 and the prevalent lockdown.

In addition, the Bank has provided support to givefood.ng coalition, coordinated by Babban Gona Farmer Services Nigeria (an agricultural franchise), which aims to provide meals for 1 million vulnerable Nigerians every week. This will go a long way to sustain a large section of the population whose means of livelihood have been affected by COVID – 19 and the prevalent lockdown.

- Advertisement -

In partnership with 54gene, FCMB is also sponsoring the testing of 3,000 people in Ogun state to determine their COVID-19 status. This support is complementing the State’s effort to determine and mitigate the extent of the spread of the pandemic.

The financial institution is equally supporting borrowing customers by providing payment moratoria during this period, to ensure they are able to survive and continue to pay their workers.

FCMB has continued to distinguish itself through innovation and the delivery of exceptional offerings and the institution firmly believes that the nation will emerge stronger and much more resilient at the end of the pandemic.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:#COVID19NigeriaCOVID19FCMB
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article COVID-19: Sanwo-Olu announces guidelines ahead of lockdown relaxation in Lagos
Next Article Kodak: Nigerians pay tribute as video vixen dies

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities
News
Mike Ejeagha
Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95
News
Tinubu Welcomes Gov Eno to APC as Political Realignments Intensify Across States
Politics Top stories
Super Eagles Rally to Draw Against Russia in International Friendly
Sport
Manchester United Raises Annual Core Profit Forecast to Between £180m and £190m After Europa League Boost
Sport
- Advertisement -
Ad imageAd image

You May Also Like

Ange Postecoglou
Sport

Tottenham Hotspur Part Ways with Ange Postecoglou Despite Europa League Glory

Yusuf Abubakar
Yusuf Abubakar
June 6, 2025
News

Dangote Names Main Refinery Access Road “Bola Ahmed Tinubu Road” in Honor of President

Muhammad A. Aliyu
Muhammad A. Aliyu
June 6, 2025
L-R: Ify Okoye, Digital Creator; Linda Ejiofor-Suleiman, Actress; Stella Erebor, Head Internal Audit, Nigerian Communications Commission; Emanuella Samuel, Comedienne/Actress, Sylvia Musalagani, Safety Policy Manager, Africa, Middle East & Turkey (AMET), Meta, and Nicole Chikwe, founder of The Mummy Summit, during the launch of Instagram teen accounts in Lagos on Wednesday, June 4, 2025
Tech

Meta Launches Teen Accounts on Instagram in Nigeria to Enhance Online Safety for Young Users

Farouk Mohammed
Farouk Mohammed
June 6, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?