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CBN sacks FirstBank directors (update)

The Central Bank of Nigeria (CBN) on Thursday sacked the entire members of the board of directors of First Bank…

5 years ago

Ex-chairman, Oba Otudeko fingered in FirstBank’s crisis as CBN fumes (LETTER)

These are not the best of times for one of Nigeria’s financial powerhouses, FirstBank Nigeria Plc. The bank is on…

5 years ago

CBN to sanction FirstBank over appointment of Gbenga Shobo as MD/CEO (LETTER)

The appointment of Gbenga Shobo as the new managing director of FirstBank of Nigeria Limited has triggered controversy. It was…

5 years ago

Shobo succeeds Adeduntan as FirstBank MD

First Bank of Nigeria Limited has announced the appointment of Gbenga Shobo as its Managing Director/CEO of the bank, succeeding…

5 years ago

Audit Report: FG to reinvigorate Inter-Ministerial Task Team

The Federal Government will reinvigorate the Inter-Ministerial Task Team (IMTT) set up to ensure prompt implementation of findings contained in…

5 years ago

Minister calls for investment in local production of bitumen

There is a need for more investment in the local production of bitumen for road construction as Nigeria spends too…

5 years ago

FCMB customer dies after officials denied him access to account

A customer of FCMB in Port Harcourt slumped and died in front of the bank on Monday after he was…

5 years ago

Nigerian leasing industry grows 4.3% in 2020

Despite the economic down caused by the coronavirus pandemic last year, the Nigerian Leasing industry recorded 4.3% growth during this…

5 years ago

Naira appreciates marginally at black market, exchanges $/N485

Naira gained marginally against the Dollar at the parallel market on Thursday as the country continues to grapple with the…

5 years ago

Nigeria spends $6.1bn on wheat importation yearly – WFAN

The Wheat Producers Association of Nigeria (WFAN) says about $ 6.1 billion is spent each year to import wheat into…

5 years ago

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