•A collapsed building A section of the First Bank building located on Library Avenue in Umuahia, the Abia State capital, has collapsed. The incident, which occurred this afternoon sent panic across the busy commercial area that houses several financial institutions, offices and shops, reports Saturday PUNCH. As of the time of this report, deta...
There seems to be uncertainty around the share sales and purchase deal between Oba Otudeko, Hassan Odukale on one hand and Femi Otedola on the other in First HoldCo, the parent company of First Bank. The deal delivered an unprecedented quantum of the financial group’s shares to Otedola, the current Group Chairman of First Holdco, […]
An investment firm, Barbican Capital Ltd, has dragged First Bank Nigeria Holdings FBNH, before a Federal High Court in Lagos over the alleged alteration of its 5.4billion shares by the bank. In the suit no. FHC/L/CS/ 1172/24, filed on its behalf by Bode Olanipekun, SAN, Barbican Capital claimed that over the years and at different […]
•Ebenezer Olufowose FBN Holdings Plc, has announced the exit of Mr Tunde Hassan-Odukale as Chairman of its subsidiary, First Bank of Nigeria Ltd., following the completion of his tenure. The Board of First Bank appointed Mr Ebenezer Olufowose, a Non-Executive Director, as the new Chairman of the Board of Directors of the Bank. Company Secretar...
•Olusegun Alebiosu Olusegun Alebiosu has been appointed as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group), effective April 2024. Alebiosu steps into this pivotal role from his previous position as the Executive Director, Chief Risk Officer, and Executive Compliance Officer, a position he...
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