Sponsored
Banking | Finance

JUST IN: First Bank Nigeria Holdings Chairman, Remi Babalola, Resigns

Sponsored
Sponsored

Mr. Remi Babalola, the Chairman of First Bank Nigeria Holdings Plc has resigned from the Board.

Babalola, reports said, resigned from the board of the company on Friday.

This is coming on heels of billionaire businessman, Femi Otedola becoming the single largest shareholder of First Bank, a subsidiary of the holdings company, but declaring he was not interested in any board position.

The news of his resignation took the Central Bank of Nigeria (CBN), unawares and as at the time of filling this report, has not announced a replacement.

Sponsored
Funsho Arogundade

Recent Posts

Chimsom Chuka, Yusuf and Bells Evicted from BBNaija Season 11

Sunday night’s live eviction show wasted no time getting to the business of the night.…

24 minutes ago

Two Brothers Arraigned Over Alleged N17.05m iPhone Fraud, Granted Bail In Lagos

KINSLEY EBERE The Lagos State Police Command has arraigned two brothers, Alao Kunle Emmanuel, 27,…

1 hour ago

JMG Calls For Clean Energy, Proper Waste Management As World Marks Cleanup Day

MICHAEL AKINOLA  As the world marks World Cleanup Day 2025, JMG Limited, Nigeria's leading electro-mechanical…

2 hours ago

Man Who Called Himself To Bar, Practised For Decade Arraigned, Jailed In Abia

KINSLEY EBERE A 38-year-old man, Ifeanyi Christian Igwe, who allegedly paraded himself as a legal…

2 hours ago

Obi-Soludo Feud: CLO Describes Press War As Unhealthy, Calls For Ceasefire

KINSLEY EBERE The Anambra State Branch of the Civil Liberties Organisation, CLO, has expressed concern…

2 hours ago

Police Arrest Four Suspected Telecom Facility Vandals, Recover N150m Equipment In Lagos

CYRIACUS IZUEKWE Operatives of the Force Criminal Investigation Department, FCID Annex, Alagbon, Lagos have arrested…

2 hours ago
Sponsored