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“Banks Withholding N530bn of CBN Funds; Cardoso May Order Refund in Emefiele’s Social Programmes”
Ex-CBN Governor Godwin Emefiele Approximately N531.4 billion in Central Bank of Nigeria intervention funds remains unused within the accounts of nine deposit money banks, according to findings . The situation follows the suspension of all CBN intervention funds by the current governor of the apex bank, Olayemi Cardoso. Upon taking office, Cardoso ceased all development […]
“First Bank Names New Managing Director and CEO”
First Bank First Bank of Nigeria has appointed Olusegun Alebiosu as its acting managing director. Alebiosu has served as the bank’s executive director and chief risk officer since 2022 and has been with the bank for nearly 30 years. His extensive experience includes credit marketing, trade, corporate and commercial banking, and credit risk management. He […]