Tag: First Bank
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Otedola Applauds Tinubu’s Economic Acumen as First Bank Hits N500bn Capital Benchmark
Otedola’s Praise for Tinubu and First Bank Nigerian financier Femi Otedola has publicly commended President Bola Tinubu for what he describes as a “deep economic understanding” that, in his view, supports the resilience and growth of Nigeria’s financial system. The remarks come as First Bank of Nigeria, one of the country’s oldest and most prominent…
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Otedola Praises Tinubu’s Economic Insight as First Bank Hits N500bn Capital Benchmark
Otedola’s Praise and the Banking Milestone Nigerian business magnate Femi Otedola, through his investment vehicle First HoldCo, has publicly commended President Bola Tinubu for his “deep economic understanding” as First Bank of Nigeria Holdings plc announces it has met the Central Bank of Nigeria’s (CBN) N500 billion minimum capital requirement. The development signals a significant…
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Otedola Applauds Tinubu, as First Bank Meets N500bn Capital Target — Calls for Stricter Banking Oversight
Overview: Otedola’s Endorsement and the Capital Milestone In a striking development for Nigeria’s financial landscape, Femi Otedola, chairman of First HoldCo, publicly commended President Tinubu for his deep economic understanding as First Bank of Nigeria meets the Central Bank of Nigeria’s (CBN) N500 billion capital requirement. The milestone underscores the evolving capital adequacy landscape for…