
First Bank







The Central Bank of Nigeria has limited the acquisition of controlling stakes in financial holding companies in Nigeria to five per cent in a new circular.

The tussle between Ecobank Nigeria Limited and former Chairman, FBN Holdings Plc, Oba Otudeko has caused the bank shares to dip in the last two days of trading

The Central Bank of Nigeria has spoken about the ongoing feud between Oba Otudeko and Ecobank over the acquisition of majority shares of First Bank of Nigeria.

Ecobank Nigeria has requested from FBN Holdings Plc a temporary suspension of proceedings concerning the acquisition of 4.77 billion shares by Dr. Oba Otudeko.

First Bank of Nigeria Holding's new largest shareholder, Oba Otudeko is said to own a slew of companies under the the Honeywell Group, spanning other sectors.

Oba Otudeko's Honeywell Group has notified regulatory authorities and FBN Holdings that it he has become the single largest shareholder of FBN Holdings Plc.

First Bank of Nigeria has decided to install a robot in one of its branches in Abuja to serve as a customer representative and provide front desk assistance.

The Central Bank of Nigeria has auctioned about $29.5 million to nine banks at FX auction at N765 to a dollar on Thursday, June 22, 2023, as dollar demand rises

A UK-based Nigerian lecturer, Dipo Awojide, hopes First Bank CEO, Kazeem Adeduntan, is appointed the new CBN governor after the suspension of Godwin Emefiele.
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