Mr. Remi Babalola, the Chairman of FBN Holdings Plc has resigned from the board of the parent company of First Bank Nigeria Plc. Intriguingly, this is coming on heels of Femi Otedola, the single largest shareholder of the company saying he was not interested in any board position.
The news of his resignation took the Central Bank of Nigeria (CBN), unawares and at the time of filling this report, has not announced a replacement.
This is a Developing story…