Hive Report : Volume 1 Issue 3

TH ADMIN
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CBN SACKS ALL DIRECTORS OF FIRST BANK LIMITED AND FBN HOLDINGS

The Central Bank of Nigeria has announced the immediate removal of all of the directors of First Bank Nigeria Limited as well as FBN holdings.

The announcement comes on the heels of the CBN’s ultimatum to First Bank to call in a credit facility extended to Honeywell Flour Mills

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