Business Headlines

Disgust as embattled CBN meddles in First Bank’s choice of Shobo as new MD/CEO

Ihesiulo Grace 28 April 2021 0

*How plot to influence succession failed The Board of First Bank Nigeria (FBN) Limited has approved the appointment of Mr. Gbenga Shobo, currently Deputy Managing Director, as its new Managing Director/Chief Executive Officer-designate. The lender after its board meeting yesterday explained

Business Headlines

Updated: First Bank names Shobo new CEO

Ihesiulo Grace 28 April 2021 0

The Board of First Bank of Nigeria Limited, on Wednesday, announced Mr. Gbenga Shobo as the Managing Director/CEO Designate. The decision is subject to all regulatory approvals. Mr. Gbenga Shobo, currently the Deputy Managing Director, succeeds Sola Adeduntan, who will be leaving the bank in accordance with the bank’s term limit for its chief executives, […]

News

Breaking: First bank announces new MD/CEO

Ihesiulo Grace 28 April 2021 0

The board of First Bank of Nigeria Limited at its meeting today approved the appointment of Mr. Gbenga Shobo, currently Deputy manager Director, as the Managing Director/CEO Designate of the bank. This decision is subject to all regulatory approvals. Gbenga succeeds Shola Adedutan who will be leaving the bank in accordance with the Bank’s term […]

Banking Business Insurance

FBN Insurance reports N902m paid claims in 2018

Ihesiulo Grace 23 July 2019 0

Micheal Ajayi FBN General Insurance Limited, a subsidiary of FBNInsurance Limited has reported a paid sum of N902 million as claims for year ended 2018. The insurance company recorded a pay rise of N41 million as against N861 million paid in the previous year 2017. Speaking at the company’s Annual General Meeting (AGM), held in […]