Here is why depositors should worry as CBN smells rat, queries FirstBank over removal, hasty replacement of Adeduntan as MD without approval The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr Adesola Adeduntan, the Managing Director/Chief Executive Officer, without regulatory approval. The removal and hasty replacement of the MD, checks by Platforms Africa showed, was a result of messy Boardroom crisis rocking the bank, in which the name of ex-board chairman and a major shareholder in the…
Read MoreCBN kicks as Messy Boardroom Crisis Rocks FirstBank + Link to Oba Otudeko
