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Otedola Slams Obaigbena’s Alleged Media Blackmail as GHL Counters First Bank’s $225M Debt Claim

In a fiery rebuttal, Femi Otedola, CON, Chairman of First Bank Holdings, has accused Nduka Obaigbena, Chairman of THISDAY/ARISE Media Group, of orchestrating a smear campaign through the media to deflect attention from his alleged financial improprieties. Otedola’s statement comes amid escalating tensions surrounding First Bank’s efforts to recover funds purportedly misappropriated in deals tied […]

FirstBank Shareholders Push for EGM to Remove Otedola, Omodayo-Owotuga

A group of shareholders holding 10% of First Bank of Nigeria Holdings Plc has formally requested an Extraordinary General Meeting (EGM) under Section 215(1) of CAMA. The meeting, expected to take place within 21 days, seeks to address the removal of FBN Holdings Chairman, Mr. Femi Otedola, and Deputy Chief Executive of Geregu Power Plc, […]