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Julianne Geiger The Joint Technical Committee of OPEC+ is concerned about the growing case numbers in India, Japan, and Brazil, Reuters sources said on Monday. The Joint Technical Committee, or JTC, is responsible for assessing oil market fundaments. It is also tasked with monitoring which member countries are complying with the production cut quotas and…
May 3, 2021
A financial expert, Mr Okechukwu Unegbu, has commended the Central Bank of Nigeria (CBN) for taking action to arrest an imminent drift in the operations of the First Bank of Nigeria (FBN). Unegbu, who is a former Managing Director of the Citizens International Bank, and a past president of Chartered Institute of Bankers of Nigeria…
May 1, 2021
Former chairman of First Bank Nigeria (FBN) Limited, Mrs. Ibukun Awosika has reacted to her sack by the Central Bank of Nigeria (CBN). According to a statement she posted on her Instagram titled, 'My FBN Group Journey' Awosika said the decision to sack the reinstated Managing Director and Chief Executive Officer (CEO) of the bank,…
May 1, 2021
Maiden flight on Friday landed at the newly constructed Anambra International Cargo Airport, Umueri, done by the Anambra State Government. The News Agency of Nigeria (NAN) reports that two aircraft; Boeing 737 mark N5,-BUJ, and Embraer 145 both owned by Air Peace Airline landed by 2.26 pm and 2.46 pm respectively. Gov. Willie Obiano of…
April 30, 2021
First Bank of Nigeria (FBN) on Friday confirmed that Dr Adesola Adeduntan had resumed as the Chief Executive Officer in line with the directives of the Central Bank of Nigeria (CBN). A statement by the management of the bank said Adeduntan had resumed as directed by the apex bank. “We can confirm that the bank…
April 30, 2021
Nigerian business mogul and Chairman of Honeywell Group, Dr. Oba Otudeko risks the forfeiture of his company and other assets of interest to Asset Management Corporation of Nigeria (AMCON) over an alleged breach of corporate contract in securing a loan said to be up to the tune of N77 billion from First Bank. The business…
April 30, 2021
Appoints Remi Babalola, Chairman First Bank Limited; Other Appointments Made The Central Bank of Nigeria (CBN) has sacked the entire board members of First Bank Limited and FBN Holdings PLC, while also announcing new appointments to replace them as the management crisis rocking the foremost bank in West Africa reaches a breaking point, Thursday. Until…
April 29, 2021
President Muhammadu Buhari on Thursday celebrated the newly appointed Chief Executive Officer of Airtel Networks, Mr. Segun Ogunsanya. Buhari in his congratulatory message released by his special adviser on Media and Publicity, Mr. Femi Adesina stated that with Ogunsanya's appointment as the Managing Director/ Chief Executive Officer of Airtel Networks Limited, he has proudly hoisted…
April 29, 2021
The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr Adesola Adeduntan, the Managing Director/Chief Executive Officer, without regulatory approval. The query is contained in a letter dated April 28, 2021 signed by the CBN Director, Banking Supervision, Mr Haruna Mustafa, and obtained by the…
April 29, 2021
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Julianne Geiger The Joint Technical Committee of OPEC+ is concerned about the growing case numbers in India, Japan, and Brazil, Reuters sources said on Monday. The Joint Technical Committee, or JTC, is responsible for assessing oil market fundaments. It is also tasked with monitoring which member countries are complying with the production cut quotas and…
May 3, 2021
A financial expert, Mr Okechukwu Unegbu, has commended the Central Bank of Nigeria (CBN) for taking action to arrest an imminent drift in the operations of the First Bank of Nigeria (FBN). Unegbu, who is a former Managing Director of the Citizens International Bank, and a past president of Chartered Institute of Bankers of Nigeria…
May 1, 2021
Former chairman of First Bank Nigeria (FBN) Limited, Mrs. Ibukun Awosika has reacted to her sack by the Central Bank of Nigeria (CBN). According to a statement she posted on her Instagram titled, 'My FBN Group Journey' Awosika said the decision to sack the reinstated Managing Director and Chief Executive Officer (CEO) of the bank,…
May 1, 2021
Maiden flight on Friday landed at the newly constructed Anambra International Cargo Airport, Umueri, done by the Anambra State Government. The News Agency of Nigeria (NAN) reports that two aircraft; Boeing 737 mark N5,-BUJ, and Embraer 145 both owned by Air Peace Airline landed by 2.26 pm and 2.46 pm respectively. Gov. Willie Obiano of…
April 30, 2021
First Bank of Nigeria (FBN) on Friday confirmed that Dr Adesola Adeduntan had resumed as the Chief Executive Officer in line with the directives of the Central Bank of Nigeria (CBN). A statement by the management of the bank said Adeduntan had resumed as directed by the apex bank. “We can confirm that the bank…
April 30, 2021
Nigerian business mogul and Chairman of Honeywell Group, Dr. Oba Otudeko risks the forfeiture of his company and other assets of interest to Asset Management Corporation of Nigeria (AMCON) over an alleged breach of corporate contract in securing a loan said to be up to the tune of N77 billion from First Bank. The business…
April 30, 2021
Appoints Remi Babalola, Chairman First Bank Limited; Other Appointments Made The Central Bank of Nigeria (CBN) has sacked the entire board members of First Bank Limited and FBN Holdings PLC, while also announcing new appointments to replace them as the management crisis rocking the foremost bank in West Africa reaches a breaking point, Thursday. Until…
April 29, 2021
President Muhammadu Buhari on Thursday celebrated the newly appointed Chief Executive Officer of Airtel Networks, Mr. Segun Ogunsanya. Buhari in his congratulatory message released by his special adviser on Media and Publicity, Mr. Femi Adesina stated that with Ogunsanya's appointment as the Managing Director/ Chief Executive Officer of Airtel Networks Limited, he has proudly hoisted…
April 29, 2021
The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr Adesola Adeduntan, the Managing Director/Chief Executive Officer, without regulatory approval. The query is contained in a letter dated April 28, 2021 signed by the CBN Director, Banking Supervision, Mr Haruna Mustafa, and obtained by the…
April 29, 2021
