If Adeduntan was not sacked, would the CBN have allowed FBN to continue to operate without the perfection of collateral or repayment from internal borrowers?
Awosika insists that the board acted in the best interest of the bank in its decisions, with great plans for the future.
The successful businessman holds stakes in FBNH and Honeywell Flour Mills worth N10.3 billion.
FBN Holdings PLC has announced the appointments of two Independent Non-Executive directors and a Non-Executive director.
FBN Holdings Plc recorded a 29% Y-o-Y decline in its PBT for Q4 2020.
In line with the provisions of the NSE, FBN Holdings has announced the appointment of three individuals as Directors.
The All-Share Index and Market Capitalization appreciated by 7.46% to close the week at 36,804.75 and N19.236 trillion respectively.
FBN Holdings' profit was boosted by high trading income coupled with a lower operating expense.
Twenty-eight (28) equities depreciated in price, lower than thirty-one (31) equities in the previous week.
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