CBN Fires First Bank Directors, Announces Reinstatement of Adeduntan as MD

CBN Fires First Bank Directors

CBN Fires First Bank Directors, Announces Reinstatement of Adeduntan as MD         The Central Bank of Nigeria (CBN) has fired all board members and directors of First Bank Holding and First Bank Nigeria Limited. CBN Governor, Godwin Emefiele, announced their query on Thursday when he addressed the media. Emefiele further announced the reinstatement of Adesola Adeduntan as First Bank Managing Director. The apex bank declared that the appointment of Gbenga Shobo was done without its approval. Emefiele said CBN has been involved in management changes involving First…

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INEC Proposes Creation of Additional 2,424 Polling Units in Rivers

Polling Units in Rivers

INEC Proposes Creation of Additional 2,424 Polling Units in Rivers           The Independent Electoral Commission (INEC) has proposed the creation of additional 2,424 polling units in Rivers State. INEC’s Resident Electoral Commissioner in Rivers State, Obo Effanga stated this during an interactive session with journalists in Port Harcourt on Wednesday. He said that at least 2,424 voting points in Rivers State are likely to be converted to full-fledged polling units, noting that the state currently has 4,442 polling units across the 23 local government areas. If…

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Banking Made Simple With New Firstbank’s Corporate Website

FirstBank

Banking Made Simple With New Firstbank’s Corporate Website           Raheem Akingbolu reviews the new FirstBank’s corporate website and reckons that it would go a long way in strengthening the ability of the bank’s patrons and other potential customers in addressing basic banking operations. Outside the physical identity of any brand, the most accessible door into the operations of a company in today’s market is perhaps the website. With digital technology taking the lead in today’s business environment, the website has swiftly become the virtual meeting point…

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Q1: United Capital Reports 67% Growth in PAT

United Capital

Q1: United Capital Reports 67% Growth in PAT           United Capital Plc (“United Capital” or “The Group”), Nigeria’s leading investment bank and a foremost Pan-African financial and investment services group, announced its Unaudited Financial Statements for the period ended March 31, 2021 on April 28th, 2021, showing a Revenue of N3.12Billion, and Profit Before Tax of N1.97 Billion while delivering an Earnings Per Share of 111 kobo. United Capital Plc remains a leader in the financial and investment services space, with a mission to provide bespoke and innovative value-added services to its…

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Primate Ayodele Pays Prophet Joshua Iginla Condolence Visit

Primate Ayodele Pays Prophet Joshua Iginla Condolence Visit           Primate Ayodele has paid a condolence visit to his friend in the ministry, Prophet Joshua Iginla, the General Overseer of Champions Royals Assembly, who lost his mother, Deaconess Moraimo Lasisi Iginla two weeks ago. Primate Elijah  Ayodele during this visit described the death of Dcns Moraimo Lasisi Iginla as a huge loss to the body of Christ as she was also a servant of God before her death. He defined her as a great woman of faith,…

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FirstBank Raises The Bar in New CEO Appointment, Others

FirstBank

FirstBank Raises The Bar in New CEO Appointment, Others           The appointment of Mr. Gbenga Shobo as new Managing Director/CEO designate of First Bank Nigeria Limited on Wednesday by the Board of Directors of the bank has been commended by industry stakeholders who said with the appointment, the bank will no doubt raise the bar in delivery of financial services to its teeming customers. Recall that the Board of Directors of the bank, at its meeting on Wednesday, while announcing Shobo’s appointment, said the decision has…

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Man City Beats PSG in Champions League Semi-Final First Leg

Champions League

Man City Beats PSG in Champions League Semi-Final First Leg         Manchester City took a huge step towards the Champions League final by coming from behind to win 2-1 at Paris Saint-Germain on Wednesday in their last-four first leg. Marquinhos’ header gave PSG a deserved half-time lead, but Pep Guardiola’s City dominated the second half and goals from Kevin De Bruyne and Riyad Mahrez turned the game on its head. Home midfielder Idrissa Gana Gueye was sent off late on, but PSG avoided conceding a third to…

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Abducted Benue Varsity Students Regain Freedom

Benue Varsity Students

Abducted Benue Varsity Students Regain Freedom         The two students of the Federal University of Agriculture, Makurdi abducted by gunmen have secured their freedom. Their release comes four days after gunmen stormed the school after its convocation and kidnapped three students. Confirming the incident via a text message on Wednesday, Police Public Relations Officer in the state, DSP Sewuese Anene, said the students were rescued unhurt. “The kidnapped students of the University of Makurdi have been released unhurt. Investigation into the case continues please,” he said. When…

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INEC Announces Date for 2023 General Elections

2023 General Elections

INEC Announces Date for 2023 General Elections         The Independent National Electoral Commission (INEC)has announced Saturday, February 18 for the 2023 general elections in the country. INEC Chairman, Prof Mahmood Yakubu made this known on Wednesday during a one-day public hearing on the National Electoral Offences Commission (Establishment) Bill 2021, organised by the Senate Committee on INEC. He said, “By the principle established by the Commission, the 2023 General Election will hold on Saturday 18th February 2023 which is exactly one year, nine months, two weeks and…

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