CBN sacks ALL directors of First Bank Holdings, reinstates Sola Adeduntan as MD

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Godwin Emefiele, governor of the CBN, announced this during a press briefing on Thursday.
He also ordered the immediate removal of all directors of FBN Limited and FBN Holdings Plc.
Emefiele directed the constitution of an interim board to clean up and stabilise the tier-1 lender.
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Remi Babalola is the interim chairman of FBN Holdings Plc, other members include, Peter Aliugo, Fatade Oluwole, Kofo Dosekun, Remi Lasaki, Alimi Abdulrasaq, Ahmed Modibo, and Khalifa Iman.
The apex bank, however, directed U.K. Eke to remain as the group chief executive officer of FBN Holdings Plc.
Tunde Hassan-Odukale is the new chairman of First Bank Limited, other members include Tokunbo Martins, Uche Nwokedi, Adekunle Sonola, Isioma Ogodazi, Ebenezer Olufowose, Ishaya Dodo, Sola Adeduntan as managing director, Remi Oni, Gbenga Sobo and Abdullahi Ibrahim.

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