Otudeko, ex-First Bank CEO Onasanya, others sued for N12.3 billion advanced fee fraud
The lawsuit, which has the Federal Republic of Nigeria as its plaintiff, centres on a thirteen-count charge against Mr Otudeko, ...
The lawsuit, which has the Federal Republic of Nigeria as its plaintiff, centres on a thirteen-count charge against Mr Otudeko, ...
Mrs Ezenwa alleges that unsecured loans of roughly N12 billion were given to a company in which Mr Otudeko has ...
A total of 42 equities appreciated in price during the week, higher than 27 equities in the previous week.
The court also warned FBN Holdings Plc of the consequences of disobedience to the court order.
"The recent surge in FBN Holdings Plc's share price reflects the positive sentiment surrounding the stock and the market as ...
Ecobank noted that it initiated a legal action against Honeywell Group Limited, Anchorage Leisures Limited, Siloam Global Services Limited and ...
The deal involves 100 per cent ownership transfer.
Mr Otedola has sold about a third of his stake in the financial institution this week in a deal worth ...
But the major boost to both top-line and profit came from a mind-blowing surge in the amount of loan recovered, ...
The confirmation of the new head of FBN Holdings fails to conform with the provisions of CBN’s Code of Corporate ...
He will be representing the interest of Femi Otedola who last year became the biggest individual shareholder of the holdco.
The appointments are subject to the approval of the Central Bank of Nigeria.
Mr Kosoko said Mr Babalola’s resignation became effective on December 17.
The CBN has invited Mr Babalola to a meeting to discuss the reasons he gave for his decision.
A former Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo, was arrested in relation to the $72.8 million uncovered while ...
PREMIUM TIMES learned that Mr Otedola acquired at least 2.5 per cent additional interest in the company, bringing his total ...
The bank's gross earnings came to N427 billion, 2.8 per cent lower than what it reported a year earlier.
The pension regulator says investments by Leadway Pensure Limited in FBN Holdings Plc belong to pension contributors.
The parent company of Nigeria’s oldest bank has been embroiled in a tussle for control after billionaire Femi Otedola acquired ...
The firm says its debts are being serviced.
FBN Holdings woes were compounded as the release of its first quarter earnings report showed a 39 per cent profit ...
The dramatic move came a day after the apex bank queried the board of First Bank of Nigeria Limited for ...
Interest income came to N386.577 billion, 10.5 per cent weaker than the N431.934 billion reported at FY2019.
Three new appointments are made.
The profit rose by 26.5 per cent when compared with N58.23 billion achieved in the comparative period of 2018.
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