The Federal High Court Lagos is to commence hearing of proceedings to determine the status of the 11th Annual General Meeting of First Bank Holdings Plc Thursday, October 12. Justice Akintayo Aluko will take arguments from counsel to the parties, sequel to the application of the plaintiff in the case, to commence contempt proceedings against […]
The Federal High Court, sitting in Lagos State, has fixed Thursday, October 12, 2023 for commencement of hearing of proceedings to determine the status of the 11th Annual General Meeting of First Bank Holdings Plc. The presiding judge, Hon Justice Akintayo Aluko will take arguments from counsel to the parties, sequel to the application of the plaintiff in the case, to commence contempt proceedings against the company and its board of directors.
Femi Otedola, Geregu Power Plc Chairman has acquired additional N2 billion worth of First Bank of Nigeria Holding stakes in a move to consolidate his hold.
First Bank Holding Plc will seek shareholders’ approval to raise N150 billion additional capital at the group’s Annual General Meeting (AGM) scheduled for August 15, 2023. This was contained in the group’s amended notice of the meeting. The group said that the capital raise transaction would be by way of a rights issue on…