First Bank’s MD resigns, gives reason

Adesola Kazeem Adeduntan (1)

The Managing Director (MD) of First Bank Nigeria Limited, Adesola Adeduntan, has resigned from the bank after leading the institution for three terms. In a letter addressed to the Chairman of First Bank, Tunde Hassan-Odukale, titled, ‘Notice of Retirement,’ the bank CEO whose tenure ought to elapse on December 31, 2024, voluntarily decided to step … Read more

Zenith Bank gets first female GMD/CEO

Zenith Bank

Zenith Bank Plc, one of Nigeria’s leading banks, has named Dame (Dr.) Adaora Umeoji as its next Group Managing Director/Chief Executive Officer. She succeeds Dr. Ebenezer Onyeagwu, whose five-year stint as GMD/CEO has ended. According to a statement made by the bank on Tuesday, her nomination as GMD/CEO is consistent with the bank’s succession plan. … Read more

Fidelity Bank supports Temile Development Company to boost Nigeria’s gas revenues

Fidelity Bank

In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Named ‘Alfred Temile 10’, the vessel was … Read more