“Alade’s approach appears to be a deliberate strategy to shield powerful individuals and entities from scrutiny. His apparent reluctance to prioritize equitable resolutions and justice in cases of economic sabotage has not only emboldened wrongdoers but also eroded public confidence in Nigeria’s ability to tackle corruption” PEGASUS REPORTERS, LAGOS | JANUARY 19, 2025 The intricate web of corruption within ...
Read More »Tag Archives: First Bank
Obaigbena’s GHL denies owing First Bank $230m as Femi Otedola reveals what happened to the loan
“As Chairman of First Bank Holdings, my primary responsibility is to protect the interests of the bank’s shareholders and depositors. The actions initiated in the courts are necessary to recover funds that belong to depositors and ensure corporate governance. Mr Obaighena’s penchant of blackmailing people to escape accountability must end, especially when depositors’ money is at stake” PEGASUS REPORTERS, ...
Read More »FNB Crisis: Sacked FBN Director, Ibukun Awosika Breaks Her Silence
“Together with the rest of our team, we built a company that became profitable in twenty-four months and continues to be so” – Ibukun Awosika PEGASUS REPORTERS Yesterday we ran a story on the sack by the Central Bank of Nigeria of some key board member of the First Bank Plc amongst whom was Mrs Ibukun Awosika. In a ...
Read More »First Bank Crisis: CBN Sacks Oba Otudeko, Others, Reinstates Sacked MD
“To us at the CBN, not only is it imperative to protect the minority shareholders, that have no voice to air their views, also important, is the protection of the over 31 million customers of the bank who see FBN as a safe haven for their hard-earned savings”. The Central Bank of Nigeria (CBN) has sacked key board members ...
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