Hmmmm

Now this is not something u see every day in Nigeria. No one ever resigns because of "rot" or "corruption" in any system in this country, when the greater part of our workforce in this nation are all living above their pay grades.

Nothing is hidden under dis our hot sun for long sha, 2secs the real truth go soon burst!

dfrost:


I'm not sure CBN will allow this slide. They are tough on banks these days.

The rot is the banking system, if you have ever assessed them, will shock you to the marrow.

Hmmm...

allahIsAnIDOL:
Mods banned me but I have plenty akkants. Yeye mods, to open a NL acc is the easiest thing to do.

Because the traffic generated is more important to the owner than the credibility and prestige of the platform

If Ote takes over FBN, that bank is finished. Otudeko's regime would.be child's play, Ote will totally plunder the bank.

Check out all his previous companies, no brand has ever survived his exit, they must liquidate.

I don too they hear news of supremacy of this First Bank
I use God beg una make my money no get K-leg oh
Na me be only son abeg

Lights up my kpoli in peace

Good man Remi Babalola, a principled individual.

Afonjafulani coiltals!!!!!

Even First Bank is rotten.
The former most reliable bank in nigeria.

We need independent EFCC.

FreeStuffsNG:
I think he forgot to include the bizarre controversial appointment of Mr Nnamdi Okonkwo as replacement for Mr Eke. U.Eke among his 'achievements'.

Under Mr Nnamdi Okonkwo as M.D in Fidelity Bank Plc, both serious financial crimes of Mrs Diezani Masueke and Mr Maina took place and Mr Nnamdi Okonkwo is a regular EFCC suspect. Recently this week,Mr Nnamdi Okonkwo has been rearrested for the discovery of a fresh $75m loot linked to Diezani and the Judgement by the Judge that convicted Maina stating that the banks that helped Maina ship the stolen pension funds overseas must be prosecuted by EFCC still hangs like a sword of Damocles over Nnamdi' s head because EFCC has promised to execute that judgement. Yet Mr Babalola claimed to have stopped FBN brand value erosion?

Is it not that same Mr Nnamdi Okonkwo that was appointed under Mr Remi Babalola to head a system with rot and corruption?

The board and management of FBN is not serious at all and the shareholders must call for the sack of the board by CBN.

In my opinion, both the board and management are hands in glove in the rot Mr Babalola is referring to.

Everything is just messed up at FBN and I truly hope Mr Otedola fix it all. It is a rot, today, it is FBN being alleged of not paying compensation to families of ex workers who died in service, yesterday it's a visit to EFCC to help them trace a stolen $2 billion,tomorrow it's allegation on saharareporters and nairaland that they didn't pay a small indigenous company that designed their 125th anniversary logo for them and just days to Christmas they appointed a man at the centre of serious financial crimes against the nation as MD
I completely agree with Mr Babalola that it stinks at FBN and CBN and the shareholders must do something quick.

As we type here, Mr Otedola is yet to take over the board but there's already an attempt to frustrate his investment with the appointment of Mr Okonkwo. That this controversial appointment took place under Mr Remi Babalola's time as Chairman leaves me no choice than to blame him too.

CBN appointed Mr Nnamdi Okonkwo just they appointed Mr. Remi Babalola. Okonkwo was not appointed by Babalola,

visijo:
OK nice reason.

If your girlfriend is darker than you then it’s her duty to go lock the gate at night.�

Craze man

kunleham:

CBN appointed Mr Nnamdi Okonkwo just they appointed Mr. Remi Babalola. Okonkwo was not appointed by Babalola,

No sir. The same Remi Babalola-led Board appointed Mr Nnamdi Okonkwo and now he's leaving the new chairman to make the call on the controversial appointment given to Mr Okonkwo.
https://www.premiumtimesng.com/news/top-news/492208-fbn-holdings-appoints-new-gmd-announces-key-appointment-decisions-across-subsidiaries.html

Now, please can you now see why even Mr Remi Babalola is part of the same rot he is citing as his reason for resigning.

seunolu7:
Yorubas truly control the banking industry in this country

Please explain how? Don't say what you have no clue about.

Chucks234:


Please explain how? Don't say what you have no clue about.

Please shit it. Most banks have head quarters in the SW. Most bankers in Nigeria in top positions are yoruba. From GT to first bank and many others even up to fintech companies, yorubas clearly dominate.

WesleyPepper:

See kpummuri in action.
Move to cbn kee you there. These osu lout sef

Looool, are you not a child of a slave? How dare you call someone osu?

FreeStuffsNG:

No sir. The same Remi Babalola-led Board appointed Mr Nnamdi Okonkwo and now he's leaving the new chairman to make the call on the controversial appointment given to Mr Okonkwo.
https://www.premiumtimesng.com/news/top-news/492208-fbn-holdings-appoints-new-gmd-announces-key-appointment-decisions-across-subsidiaries.html

Now, please can you now see why even Mr Remi Babalola is part of the same rot he is citing as his reason for resigning.

The Okonkwo appointment was made directly or indirectly by the CBN. Don't forget this is a CBN board.

I also heard they chose him cos of his tribe. They initially wanted a northern MD but couldn't get a good candidate so they settled for an easterner. The Chairman of the holdco, the bank and the mD of the bank were yorubas so they were hell-bent on ensuring the GMD of holdco wasn't Yoruba.

But it's a major embarrassment that their appointee is smeared with so much corruption charges.

They laid off the former ED, Public sector, Mr Dauda Lawal for being connected to Dieziani scandal and then turn around to choose Okonkwo who was more involved as the GMD.

Shocking move

Does CBN not verify or approve nomination in of MD from the board?

once there is a probe, you have to step down not to dent the name of the company for your own good




Anyway, Agriculture is life

Are Negroes cursed or are we the cause. Everything he touches turns to dust

seunolu7:
Yorubas truly control the banking industry in this country

Igbos leads and control Nigeria banking sector, host and head more financial institution than any other tribes in Nigeria

Get ur fact right, conduct research before coming to disgrace ur ppl here