Ladi Balogun GMD, FCMB

Adebayo Obajemu

First City Monument Bank (FCMB) has announced a temporary suspension of the season 7 edition of its bumper promotion package for savings account customers tagged, ‘’FCMB Millionaire Promo’’.

The decision, which has been approved by the Central Bank of Nigeria (CBN), is part of the strategies of the Bank to support the efforts of the government to mitigate the risk of the spread of the COVID-19 (coronavirus) pandemic.

In a statement, FCMB explained that the development is also in line with the social distancing protocol and other measures recommended by the World Health Organisation (WHO) and the Nigeria Centre for Disease Control (NCDC) to contain the disease. Thousands of customers of FCMB and officials of the regulatory agencies usually attend the live draws of the promo across the four regions and nineteen zones that make up the Bank nationwide.

The ‘’FCMB Millionaire Promo Season 7’’ was scheduled to run from March to October 2020 and produce another set of 16 lucky customers of the Bank as millionaires through winnings of cash ranging from N1million to N2million. This is in addition to 152 LED televisions, 152 power generating sets, 912 smart phones and 760 decoders, to be won through electronic selection of all qualified customers.

According to the Executive Director, Retail Banking of FCMB, Mr. Olu Akanmu, “the decision to temporarily suspend the Millionaire Promo Season 7 was a difficult one. However, as a responsible organisation, the safety and well-being of customers and the entire public are paramount at this critical period of a health emergency.
As soon as the situation becomes conducive, the season 7 of the promo will resume, because we are committed to reward the aspiration of our customers to save and fulfill their dreams’’.

As a leading financial services provider, FCMB has continued to provide prompt and convenient financial services despite the ongoing challenges posed by the COVID-19 pandemic in Nigeria.


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