Emefiele Expresses Delight 2 Billionaires, Otedola And Odukale, Are Battling For First Bank Leadership | Sauce.NG
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Emefiele Expresses Delight 2 Billionaires, Otedola And Odukale, Are Battling For First Bank Leadership

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The Central Bank of Nigeria (CBN), Godwin Emefiele, has expressed satisfaction with the power struggle for control of First Bank Holdings.

Femi Otedola and Taiwo Hassan Odukale have been at odds over who holds the most shares in First Bank.

Reacting to FBN leadership tussle the Governor of the CBN, Emefiele told Journalist the development was a testament to the positive decisions taken by the apex bank to keep First Bank alive.

He made his feelings known after the last Monetary Policy Committee (MPC) meeting for 2021 held on Monday 22nd and Tuesday 23rd November 2021.

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Emefiele stressed that the leadership tussle was a testament to the positive decisions taken to keep First Bank alive.

If something bad occurs to First Bank, it signifies something bad has occurred to the Nigerian financial system, he says, adding that First Bank is too enormous to be held by a single person.

“The battle for the leadership of Nigeria’s oldest bank is healthy because, as I have stated, the share price of First Bank was at N2 six years ago due to an aggressive build-up of NPLs.

We accepted it. Everyone was fleeing First Bank’s stock at the time.

“Now that we’ve cleaned up the balance sheet, everyone can see that First Bank, the money-making juggernaut, is back on its feet.”

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They are competing for profitability. They are now fighting for First Bank’s stock.

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“I Am Extremely Proud Of You” – MC Oluomo Congratulates Son On Bagging First Degree

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Musiliu Akinsanya, popularly known as MC Oluomo, the Chairman of Lagos State Parks and Garages Management, has expressed his utmost pride for his son following his graduation from ESGT University, Dream Campus, Benin Republic.

MC Oluomo took to his Instagram page to congratulate his son for bagging his first degree while also reaffirming how proud of him he is.

It was gathered that the son bagged his first degree in International Relations from the university in Benin Republic.

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“Congratulations on your graduation, as you bagged your first degree in International Relations, faculty of social sciences at ESGT UNIVERSITY, DREAM CAMPUS, BENIN REPUBLIC.

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“I am extremely proud of you, the fruit of your years of toiling is plain for all to see. Your life is a huge inspiration to everyone around you, including us, your parents. So much has been committed into your education but none of them is as important as seeing you excited to walk up the podium of success.

“May your every wish and desire come true. Today, we are so grateful and proud of all the best things you did. I Love you and I pray to God to give you the ability to do more great things in life.”

Several people have gone on the post to congratulate MC Oluomo and his son for this new feather added to his cap.

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“Banana Island Straight! I Dey Go Buy House” – Lady Declares As She Flaunts Cash Saved In Piggy Bank (Video)

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A lady has broken her piggy bank after some months of saving patiently in it.

The lady took to social media to share a clip showing the moment she broke her saving box.

In the viral video, the lady, after saving diligently, broke open the box to see the proceeds of her months of assiduous savings and repeated denial of the impulse to break it at some point.

When she opened the box, it was filled with many 1000 naira notes which were counted out to be about 700,000 naira.

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The lady then jokingly declared that she would be heading straight for Banana Island to get herself a house there.

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