Thread by @cenbank

#CBN Governor, #Emefiele says First Bank of Nigeria is one of Nigeria’s systemically important banks given its historical significance, balance sheet size, large customer base and high level of interconnectedness with other financial service providers. #FBN

#CBN directs immediate removal of all Directors of @FirstBankngr Ltd and @FBN Holdings Plc

#CBN reassures First Bank of Nigeria depositors, creditors and other stakeholders of the bank of its commitment to ensure the stability of the financial system.

#Emefiele says #CBN acted to protect 31 million customers, minority shareholders of First Bank of Nigeria Ltd.

#CBN approves appointment of Remi Babalola as Chairman FBN Holdings Plc.

#CBN appoints Dr. Fatade Abiodun Oluwole, Kofo Dosekun, Remi Lasaki, Dr Alimi Abdulrasaq, Ahmed Modibbo, Khalifa Imam, Sir Peter Aliogo, and UK Eke (Managing Director) as Directors of FBN Holdings Plc

#CBN approves appointment of Tunde Hassan-Odukale as Chairman of First Bank of Nigeria Limited.

#CBN appoints Tokunbo Martins, Uche Nwokedi, Adekunle Sonola, Isioma Ogodazi, Ebenezer Olufowose, Ishaya Elijah B. Dodo as Directors of First Bank of Nigeria. #FBN

#CBN reinstates Sola Adeduntan as Managing Director; Gbenga Shobo as Deputy Managing Director; and Remi Oni and Abdullahi Ibrahim as Executive Directors of First Bank of Nigeria Limited. #FBN