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FCMB Boosts Hospitality Industry

First City Monument Bank (FCMB) has restated its commitment to the hospitality industry following its recent financing of the 155-room Radisson Blu Hotel located at Ikeja, GRA, Lagos. The newly launched five-star hotel is the third in Nigeria and second in Lagos.

Mr. Adam Nuru, Managing Director, FCMB

Radisson Blu Hotel is owned by Avalon Intercontinental Nigeria and managed by Carlson Rezidor Hotel Group, owners of the Radisson Blu brand, one of the largest hotel and hospitality companies in the world.

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Mr. Adam Nuru, Managing Director, FCMB, who spoke at the opening ceremony of the hotel disclosed that: “FCMB decision to finance the project is in line with its commitment to support initiatives that will promote and add value to Nigeria’s hospitality industry, thereby boosting tourism.”

“We are determined to lead the way in driving efforts to expand the Nigerian economy and make the revenue base much more robust. The hospitality and tourism industries are integral parts of this diversification strategy.”

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“We will continue to intervene and offer excellent support as well as solutions in developmental areas that would fast-track the growth of the aspirations of individuals, businesses and the entire country.”