Shake up in First Bank as CBN reinstates Adeduntan, names new directors By Chinyere Joel-Nwokeoma Lagos, April 29, 2021 The Central Bank of Nigeria (CBN) on Thursday announced the immediate removal of all directors of First Bank of Nigeria Ltd. and and FBN Holdings Plc over purported management changes at the bank. The CBN Governor, Mr Godwin Emeifele said this in a statement titled âThe Purported Management Change at the First Bank of Nigeria Ltd. Consequently, Emeifele announced the appointment of Mr Remi Babalola as the Chairman of FBN Holdings. Other directors appointed by the apex bank were Dr Fatade Abiodun Oluwole, Kofo Dosekun