First Bank shares record biggest daily drop in three months

First Bank shares record biggest daily drop in three months


Advertisement
It was the most traded stock by volume and valued at N359.83 million.
The last time the bank’s share price suffered a decline of this magnitude was on January 5 when it suffered a 8.28 percent decline from N7.85 per share on January 4 to N7.20 per share on January 5.
This is coming a day after the Central Bank of Nigeria
queried the board First Bank over the removal of Sola Adeduntan, the bank’s managing director and chief executive officer (MD/CEO), without due consultation with regulatory authorities.
Advertisement
On Wednesday, the First Bank had
The bank said Adeduntan will be leaving the position in accordance with the bank’s term limit for its chief executives, after leading the bank since January 2016.

Related Keywords

Nigeria , Gbenga Shobo , Haruna Mustafa , Sola Adeduntan , Ibukun Awosika , First Bank , Central Bank , Banking Supervision Department , Holdings Plc , Honeywell Flour Mills , நைஜீரியா , முதல் வங்கி , மைய வங்கி , வங்கி மேற்பார்வை துறை , ஹோல்டிங்ஸ் ப்ல் , ஹனிவெல் மாவு ஆலைகள் ,

© 2025 Vimarsana