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The Costly Board Crisis at First Bank

But for the timely intervention of the Central Bank for Nigeria in the avoidable board squabbles at First Bank of Nigeria, the relative confidence and stability observed in the banking system in recent times would have been seriously shaken. James Emejo writes It all began with the news that the erstwhile Board of Directors of First Bank of Nigeria Limited, which was chaired by Mrs. Ibukun Awosika, had approved the appointment of Mr. Gbenga Shobo to succeed Mr. Adesola Adeduntan as the new Managing Director/Chief Executive of the bank. Adeduntan was ousted after leading the bank since January 2016, but when still within the term limit of his tenure, which is due to expire in December this year.

United kingdomAbuja federal capital territoryAdekunle sonolaUche uwalekeGbenga shoboKofo dosekunChijioke ekechukwuIbukun awosikaUche nwokediJames emejoOtunba oba otudekoAlimi abdulrasaqIbrahim shellengOba otudekoAdesola adeduntanPeter aliogo

The Currency Printing Controversy

Godwin Obaseki In this piece, James Emejo, chronicles the recent controversy surrounding the alleged printing of currency by the federal government to support the economy Edo State Governor, Mr. Godwin Obaseki, last week, stirred a costly controversy when he claimed that the federal government has had to resort to printing of currency to augment shortfall in revenue. The governor had, during the Edo State transition committee stakeholders engagement last Thursday, tried to warn about the consequences of country’s continued reliance on crude oil as major revenue sources as some of multinational oil companies and developed economies transit to alternative energy sources.

Abuja federal capital territoryEdo stateIbrahim shellengGodwin obasekiChijioke ekechukwuMuhammadu buhariAkpan ekpoIdakolo gboladeZainab ahmedJames emejoGodwin emefieleNgozi okonjo iwealaCredent investment managersCentral bankNational planningWorld trade organisation

Printing Currency Could Hurt Economy, Analysts Warn FG

Printing Currency Could Hurt Economy, Analysts Warn FG
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Abuja federal capital territoryTimothy olawaleIbrahim shellengGodwin obasekiJames emejoAkpan ekpoIdakolo gboladeLagos chamberCredent investment managersNigeria employer consultative associationFederation account allocation committeeAfrican institute of financialSdd capital managementDike onwuamaezeEdo stateMarch federation account allocation committee

Analysts: Printing currency could hurt economy

Analysts: Printing currency could hurt economy
today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.

Timothy olawaleIbrahim shellengGodwin obasekiAkpan ekpoIdakolo gboladeLagos chamberCredent investment managersNigeria employer consultative associationFederation account allocation committeeAfrican institute of financialSdd capital managementEdo stateMarch federation account allocation committeeWest african instituteEconomic managementChief executive

Okonjo-Iweala s Hard Truths for Economic Sustainability

Okonjo-Iweala s Hard Truths for Economic Sustainability
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Port harcourtUche uwalekeIbrahim shellengFriesland campinaChijioke ekechukwuMuhammadu buhariGoodluck jonathanAnthony onojaIdakolo gboladeJames emejoGodwin emefieleNgozi okonjo iwealaCredent investment managersEuropean unionMedium enterprises msmesGovernor of the central bank