You are here
Home > Blog > BREAKING: More Woes To First Bank Nig Plc As CBN Takes Over Amid Management Tussle

BREAKING: More Woes To First Bank Nig Plc As CBN Takes Over Amid Management Tussle

Spread the love

The Central Bank of Nigeria (CBN) has officially taken over FBN Holdings Plc amid the board of management tussle and failure to comply with regulatory policy on insider-related loans.

The CBN governor, Mr. Godwin Emefiele in Abuja on Thursday said the action taken by the apex bank is meant to strengthen the bank and protect customers’ deposits.

He also announced that the removed Managing Director of First Bank of Nigeria Limited, Mr. Sola Adeduntan should be restated immedtaiely.

…more details later.

Lady Decency
Decency Global News is one of the world's finest blog you can see anywhere around the world. We deal on fresh facts with indept analysis & investigative reporting across the globe. We advertise & market goods & services for corporate bodies and individuals as well as event management & Public Relations consultation…. We appreciate constructive criticism to serve you better. Welcome & enjoy the news... Contact: ella4decency@gmail.com Tell: +234 803 744 6365 +33757936595

Leave a Reply

Top