Business
BREAKING: CBN fires First Bank directors
The Central Bank of Nigeria wielded its big stick on First Bank of Nigeria Limited as the apex regulator of activities of commercial banks on Thursday when it fired the entire members of the board of First Bank Holding and First Bank Nigeria Ltd.
The apex bank had earlier in the day queried the Board of the First Bank for removing Adesola Adeduntan as the Managing Director/Chief Executive Officer, without regulatory approval.
The CBN also faulted the appointment of Abdullahi Ibrahim as deputy managing director, as well as the appointment of Ini Ebong, Segun Alebiosu, Seyi Oyefeso and Bashirat Odunewu, as executive directors.
-
News3 days ago
Family, Friends Celebrate Jailed Former Deputy Senate President, Ike Ekweremadu’s Birthday
-
Politics3 days ago
PROPHESY TO PRESIDENT BOLA AHMED TINUBU ABOUT 2027
-
Niger Delta6 days ago
Niger Delta Stakeholders Accuse Olu of Warri and PINL Management of Dishonesty Over Terminated Pipeline Contract
-
News7 days ago
Baraza executes court order, removes properties from Becky father’s residence
-
Business4 days ago
Baraza: Bribena pleads for understanding, highlights solutions to organization’s problems
-
Business6 days ago
Wema Bank Unveils CoopHub, Nigeria’s First Digital Platform for Cooperative Societies
-
News6 days ago
Baraza Cooperative Disputes Becky Buodeigha’s Claims, Cites Pattern of Dishonesty
-
Business1 day ago
Nigeria’s Azikiel Refinery to Begin Operations in 2025