The CBN is making moves to reinstate ousted MD/CEO of First Bank Ltd as the controversy surrounding his removal rages.
The Central Bank of Nigeria may reinstate ousted Dr Sola Adeduntan as MD/CEO of First Bank Ltd as the controversy surrounding his removal rages on.
Multiple sources with knowledge of the matter informed Nairametrics that the Godwin Emefiele led central bank is pressuring the bank behind the scenes to reinstate Adeduntan against the wishes of the Board of Directors of the bank. Another reliable source informed Nairametrics that the apex bank may issue a letter to First Bank Ltd., reinstating Adeduntan if the bank does not reverse his removal.
Credit: Nairametrics
