30 results
- 29 Apr 2021
CBN Fires all First Bank Directors, Reinstates Sacked MD
Central Bank of Nigeria (CBN), has sacked all First Bank of Nigeria (FBN) directors and appointed new ones with immediate effect. The CBN also accused the directors of corporate governance breach,…
- 8 Sept 2015
Adeduntan to Take Over from Onasanya as First Bank Boss
First Bank of Nigeria Limited on Monday announced that its Chief Financial Officer and Executive Director, Dr. Adesola Adeduntan, would replace Mr. Bisi Onasanya as the Group Managing Director and…
- 18 Aug 2022
First Bank Appoints Iyamabo as Executive Director
First Bank of Nigeria Limited has announced the appointment of Mr. Patrick Iyamabo as an Executive Director. The appointment is subject to the approval of the Central Bank of Nigeria (CBN). In a…
- 28 Apr 2021
Gbenga Shobo Appointed MD/CEO of First Bank
The Board of Directors of First Bank of Nigeria Limited has approved the appointment of Mr. Gbenga Shobo as its Managing Director/Chief Executive Officer (CEO), effective from Wednesday, April 28,…
- 21 Dec 2009
Otudeko Emerges FirstBank Chairman
A change of baton has taken place in Nigeria’s premier financial institution, First Bank of Nigeria Plc, as Dr. Oba Otudeko, an erstwhile non-executive director, was elected on Tuesday by the…
- 19 Jun 2024
First Bank Confirms Alebiosu as MD, Ebong as DMD
First Bank of Nigeria Limited has confirmed the appointment of Olusegun Alebiosu as the substantive managing director (MD) and chief executive officer (CEO) of the bank. Updating the Nigerian…
- 21 Apr 2024
First Bank Comfirms Appointment of Olusegun Alebiosu as Acting MD/CEO
Board of Directors of First Bank has appointed Olusegun Alebiosu as its acting managing director. Mr Alebiosu has been the bank’s executive director/chief risk officer since 2022. He has been in the…
- 24 Nov 2020
9PSB Launches Nigeria’s First Digital Lifestyle Bank
The Nigerian banking sector has been set on a new innovative course with the launch of a digital lifestyle bank, 9 Payment Service Bank (9PSB), the first of its kind in the financial industry.…
- 23 Oct 2021
First Bank Denies Reports of Otedola Takeover
FBN Holdings Plc Friday denied claims by online media that Femi Otedola, business mogul, has acquired majority stake in the bank. Femi Otedola In a statement signed by Seye Kosoko, company secretary,…
- 21 Feb 2017
FCMB Appoints Adamu Nuru New MD
The board of First City Monument Bank (FCMB) Group has announced the appointment of Adamu Nuru as the Managing Director of the commercial banking arm First City Monument Bank Limited. According to a…
- 12 Jun 2018
First Bank Says Media Reports on Contempt Order False
First Bank Nigeria has issued a disclaimer on alleged contempt of court order reports circulating on some media platforms, that Mrs Ibukun Awosika, its chairman and Mr Adesola Adeduntan, managing…
- 28 Jul 2024
LH Telecoms, Nigerian Firm Acquires Majority Stake in 9mobile, Changes Board
LH Telecoms Limited, a Nigeria based company has acquired Emerging Markets Telecommunication Services Limited, operating under the trade name 9Mobile. According to a statement issued on Sunday by the…
- 7 Nov 2019
Globus Bank Begins Operation
Globus Bank Limited, a new bank licensed by the Central Bank of Nigeria (CBN), has announced the launch of its operations in Nigeria. The Bank aims to be the leading digital bank in the country by…
- 20 May 2012
NIBSS Names Folashodun Adebisi Shonubi New CEO
The Board of Directors of Nigeria Inter-Bank Settlement System (NIBSS) Plc has announced the appointment of Folashodun Adebisi Shonubi, as the new Managing Director/CEO of the foremost electronic…
- 10 Jun 2017
Petralon Energy Appoints 'Labi Ogunbiyi as Strategic Advisor to BoDs
Petralon Energy Limited has appointed Mr. Constantine ‘Labi Ogunbiyi as Strategic Adviser to its Board of Directors. ‘Labi Ogunbiyi founded First Hydrocarbon Nigeria Limited (FHN), where he served as…
- 7 Feb 2025
Fidelity Bank Raises ₦232Bn in First Phase of Capital Raising
Fidelity Bank Plc, Leading financial institution, has announced the successful conclusion of the first tranche of its equity capital raise through its Public Offer and Rights Issue (the Combined…
- 30 Aug 2020
Polaris Bank, AMCON Tap Innocent Ike to Replace Abiru as MD/CEO
Board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder, have announced the appointment of Mr Innocent Ike, as the acting managing director/CEO of…
- 24 Aug 2020
Polaris Bank MD, Abiru, Retires
Mr. Tokunbo Abiru, Managing Director/Chief Executive Officer of Polaris Bank Limited, has announced his retirement from the service of Polaris Bank, effective August 31, 2020, having successfully…
- 13 Jul 2021
FCMB Appoints Yemisi Edun as Managing Director
The board of directors of FCMB Group Plc has appointed Yemisi Edun as the managing director of First City Monument Bank Limited. A statement on Tuesday said the announcement was subsequent to the end…
- 21 May 2024
UBA Reels Achievements @ 75, Seeks Shareholders’ Nod for N500Bn Recapitalisation
United Bank for Africa (UBA) has said that its 75th anniversary is a testament to resilience, commitment to excellence. Oliver Alawuba, The bank at a world press conference in Lagos peeped into a…
- 7 May 2019
First Bank Plans Aggressive Debt Recovery to Boost Dividend Payout
Management of First Bank, has assured that it would continue to work tirelessly to ensure that it is brought down to a single digit by the end of 2019 financial year. Speaking at the 7th…
- 9 Jun 2023
Tinubu Appoints Shonubi as Acting CBN Governor
President Bola Tinubu has appointed Mr. Folashodun Adebisi Shonubi, deputy governor (Operations Directorate) as acting governor of the Central Bank of Nigeria (CBN) following the suspension of Godwin…
- 25 Jul 2019
Ndukwe Replaces Dozie as Chairman MTN
MTN Nigeria has appointed Ernest Ndukwe, the former executive vice chairman/CEO, Nigerian Communications Commission (NCC) as chairman-designate in a board shake-up, that saw Dr. Pascal Dozie, long…
- 15 Aug 2017
Keystone Bank Appoints Obeahon Ohiwerei New MD/CEO
Mr. Obeahon Ohiwerei has been appointed the new managing director and chief executive officer of Keystone Bank Ltd, Nigeria. He takes over from Mr. Hafiz Bakare, the acting managing director/CEO. In…
- 11 Jan 2024
Meet Yetunde Oni, Union Bank’s new CEO
Central Bank of Nigeria on Wednesday appointed Yetunde Oni as the new managing director/chief executive officer of Union Bank. The appointment comes after the apex bank dissolved the boards and…
- 20 Jun 2021
Phillips Oduoza: Inspirational Giant of Banking Industry
Phillips Oduoza, founder and chairman, NOVA Merchant Bank Limited is inspired by Nigeria’s future, which he believes holds potential waiting to be harnessed. Phillips Oduoza NOVA Merchant Bank offers…
- 15 Jul 2022
Nigeria Inaugurates First Fibre Optic Cable Factory in West Africa
Otunba Niyi Adebayo, Minister of Industry, Trade and Investment and Simbi Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring Board, were among high-profile names who…
- 4 May 2010
GTBank Appoints 4 New Directors, 4 Others Retire
Guaranty Trust Bank Plc has demonstrated its commitment to the sustenance of good corporate governance with the appointment of four new directors to its Board following the retirement of 4 current…
- 19 Nov 2015
Ecobank Announces Leadership Change
Ecobank Transnational Incorporated (ETI) has announced a leadership change in its largest subsidiary, Ecobank Nigeria Limited. By the Bank’s internal policy, Mr. Jibril Aku, the current managing…
- 3 Jun 2022
Union Bank Completes Sale to Titan Trust Bank
Union Bank of Nigeria (UBN) Plc announced it has completed the transfer of its 93.41 per cent share capital to Titan Trust Bank (TTB). This comes as it also revealed it has completed the divestment…