FCMB shares have recorded losses at the start of 2021 first trading day.
According to data made available by the Nigerian Stock Exchange website, the bank’s shares lost 0.20k from the N3.33k it closed at on Thursday, December 31.
The development represents a loss of 6.01 percent which made it rank as top loser on the market as at 1:00pm on Monday.
The last time the bank’s share price suffered a decline of this magnitude was on November 13 when it suffered a 10 percent decline from N3.80 per share on November 12 to N3.42 per share on November 13.
It is worthwhile to note that the loss came at a time which FCMB managing director, Adam Nuru is the news for paternity fraud that sent a married banker to his early grave.
A campaign was launched over the weekend, calling on the Central Bank of Nigeria CBN to dismiss him on ethical grounds.
The spotlight had beamed on Nuru after friends of Tunde Thomas, who died on December 16, alleged that his demise was caused by the FCMB’s managing director in a petition.
The petition had claimed that Thomas died of depression after discovering that his two children with Moyo, his ex-wife and former employee of the bank, belong to Nuru.
