BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.

-
Image
 FEDERAL MINISTRY OF INFORMATION AND NATIONAL ORIENTATION  PRESS STATEMENT  BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY  The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations. In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company.  This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria. The facts of this matter remain that Binance is being inve
Post a Comment

FIRST BANK APPOINTS FIVE NEW DIRECTORS AS OTEDOLA TAKES OVER. (PHOTO).

-


 First Bank appoints five new directors as Otedola takes over


In a significant development, First Bank of Nigeria Holdings Plc (FBN Holdings) has appointed five new directors, with billionaire Femi Otedola assuming the role of Chairman.


The appointments were made known on Wednesday, signaling a notable shift in the leadership structure of the company.


According to the announcement made to the Nigerian Exchange Group by the company’s Secretary, Adewale Arogundade, two new non-executive directors were appointed for FBN Holdings, namely Olusola Adeeyo and Viswanathan Shankar. Adeeyo, a former banker and former Chairman of AXA Mansard Insurance Plc, brings a wealth of experience to the role.


Shankar, currently serving as the Chief Executive Officer of private equity investments firm Gateway Partners, previously held the position of CEO at Standard Chartered Plc.


Additionally, Remilekan Odunlami was appointed as a non-executive director for First Bank, while Anil Dua and Fatima Ali were appointed as independent non-executive directors. Odunlami, with prior experience as a Director at CitiBank Nigeria Limited and FirstBank, currently serves on the boards of Access Pensions Limited and Rand Merchant Bank Limited. Dua’s board affiliations include Dangote GSP Offshore FZE and Seychelles International Mercantile Banking Corporation, among others, while Ali, the founder of Santi Food and Beverage Limited, is actively involved in mental health charity initiatives.


The appointments of the five new directors are subject to the approval of the Central Bank of Nigeria (CBN), underscoring the regulatory compliance aspect of the process.


Otedola’s ascension to the role of Chairman follows the exit of Ahmad Abdullahi. Otedola, also the Chairman of Geregu Power, brings his extensive business acumen and experience to his new position. Recently ranked by Forbes as the 20th richest African with a fortune of $1.1 billion, Otedola was initially appointed to the Board of FBN Holdings Plc on August 15, 2023, as a Non-Executive Director.


The appointment of new directors and the change in leadership at FBN Holdings reflect the company’s commitment to effective governance and strategic management as it navigates the evolving financial landscape.

Comments

Post a Comment

Popular posts from this blog

ACTOR BABA IJESHA APPEALS FIVE-YEAR JAIL SENTENCE FOR SEXUAL ASSAULT. (PHOTO).

-
Image
 Actor Baba Ijesha appeals five-year jail sentence for sexual assault Nollywood actor Olanrewaju James, known as Baba Ijesha, has filed an appeal against his conviction for the sexual assault of a minor. He has requested the Court of Appeal, Lagos Division, to overturn the ruling of the Lagos State High Court, which sentenced him to five years in prison. The conviction was handed down by Justice Oluwatoyin Taiwo (retd.) of the Ikeja Domestic Violence and Sexual Offences Court on July 14, 2022 to Baba Ijesha. Baba Ijesha through his counsel Kayode Olabiran on Tuesday, told the appeal court that his client was set up and that he acted according to a script that he was invited to act on by his colleague. “The Appellant was set up. The Appellant is an actor. He acted in a script that he was invited to act by his colleague (PW1), Damilola Adekoya,” he said. The Director of Public Prosecution, Dr Babajide Martins, urged the court to dismiss the appeal for lacking in merit and also a misconce
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

PUNISH MY ABUSERS WITHIN 48 HOURS OR FACE LAWSUIT- STUDENT BULLIED BY HER CLASSMATES THREATEN SCHOOL AUTHORITIES. (PHOTO).

-
Image
 Punish my abusers within 48 hours or face lawsuit - Student bullied by her classmates threaten school authorities The bullied student of British Lead International School, Miss. Namtira Bwala has threatened to file a lawsuit against the school authorities if her abusers are not punished within 48 hours. In a letter drafted by her lawyers, Deji Adeyanju and Co, Namtira asked the school authorities to immediately investigate and pronounce the stiffest punishments in the student’s rule book on Ms.Maryam Hassan, Miss Faliya, and nine other students who bullied her. Namtira said if the school authorities fail to sanction the student bullies within 48 hours of the receipt of the letter, she would seek immediate and severe legal redress against the school. The letter reads “We are Solicitors to Miss. Namtira Bwala (acting through her next friend), hereinafter referred to as our client, on whose instruction we act. Our client and several other parents in Lead British International School have
Read more