Categories: Nigeria News

Femi Otedola becomes Chairman of First Bank of Nigeria Holdings

Billionaire businessman Femi Otedola has been named the new chairman of the board of directors for First Bank of Nigeria (FBN) Holdings. This announcement comes as he takes over from the outgoing Chairman, Alhaji Ahmad Abdullahi.

The financial institution officially communicated this change through a corporate filing on the Nigerian Exchange Limited (NGX), keeping investors informed about the recent development. Otedola assumed the role of Chairman, effective January 31, 2024, following the decision made during a recent board meeting where he succeeded Alhaji Abdullahi.

Otedola, a highly respected figure in the business world with significant contributions across various sectors, is anticipated to bring his extensive experience and strategic insights to further enhance the operations of FBN Holdings.

Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

Recent Posts

How much is Naira to Dollar Black Market Today, 17th May 2024

Black market dollar to naira Exchange Rate Today 17th May 2024 can be accessed below. This…

16 hours ago

Black market Dollar to Naira exchange rate today 17th May 2024

Black market dollar to naira Exchange Rate Today 17th May 2024 can be accessed below. This…

16 hours ago

Latest news on FG student loan approval, disbursement today 17th May 2024

The portal for the long-awaited Nigerian Education Loan Fund (NELFUND) will officially go live on…

17 hours ago

Naira falls against dollar in new exchange rate, loses N73

The Naira has resumed its downward trend against the dollar in the foreign exchange market.…

1 day ago

Senate passes bill for Federal University of Agriculture in Bama

The Nigerian Senate on Thursday successfully passed a bill aimed at establishing the Federal University…

1 day ago

Tinubu welcomes Senegal’s youngest president, Bassirou Faye

President Bola Tinubu welcomed Senegalese President Bassirou Faye to the Aso Rock Villa in Abuja.…

1 day ago