First Bank appoints new chairman

First Bank

FBN Holdings Plc has announced the exit of Mr Tunde Hassan-Odukale as Chairman of its subsidiary, First Bank of Nigeria Ltd., following expiration of his tenure.  Consequently, the Board of First Bank appointed Mr Ebenezer Olufowose, a Non-Executive Director, as the new Chairman of the Board of Directors of the Bank. Mr Adewale Arogundade, Company … Read more

CBN suspends new loan applications under Anchor Borrowers Programme, NIRSAL, others

cbn 1

The Central Bank of Nigeria, CBN, has suspended new applications of loans under the CBN development finance intervention funds programme, Access Bank Plc confirmed in a memo on Monday to its customers. The CBN existing development finance intervention funds program include Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Accelerated Agricultural Development Scheme (AADS), … Read more