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Breaking News | CBN Sacks First Bank, FBN Holdings Directors, Retains Adeduntan As MD


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Godwin Emefiele, CBN Governor. By Emma Ujah, Abuja Bureau Chief & Babajide Komolafe The Central Bank  of Nigeria, CBN, yesterday, removed the Boards of Directors of First Bank of Nigeria Limited and the FBN Holdings Plc.
The apex bank also reappointed 14 out of the 21 directors affected by the sack into the new board of the two institutions.
The CBN also reinstated Mr Adesola Adeduntan as the Managing Director/Chief Executive of First Bank of Nigeria. Adeduntan was earlier sacked as MD by the former board of the bank.
Announcing the decision to sack the directors at a briefing in Abuja, the CBN Governor, Mr Godwin Emefiele said the apex bank had to remove the directors for trying to remove Adeduntan as MD without consulting the regulators. ....

Abuja Federal Capital Territory , United Kingdom , Adekunle Sonola , Emma Ujah , Babajide Komolafe , Ebenezer Olufowose Ishaya , Gbenga Shobo , Kofo Dosekun , Uche Nwokedi , Fatade Abiodun Oluwole , Alimi Abdulrasaq , Adesola Adeduntan , Peter Aliogo , Sola Adeduntan , Khalifa Imam , Abdullahi Ibrahim , Remi Lasaki , Ahmed Modibbo , Remi Babalola , Isioma Ogodazi , Tokunbo Martins , Godwin Emefiele , Tunde Hassan Odukale , Nigeria Ltd , Central Bank , Board Of First Bank ,

Welcome To IANS Live - SCIENCE - Sony officially releases PS5 in China


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Beijing, April 30 (IANS) After launching Playstation 5 in the US last year, Sony has officially released the PS5 console for the China market.
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Update: 30-April-2021 ....

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