Managing Director Adesola Adeduntan Archives

Monday, July 6, 2026

May 6, 2021

Moody’s to downgrade First Bank, slams CBN for poor governance

“The review for possible downgrade reflects the rating agency’s view that the removal of all non-executive directors of the bank’s board by the regulator demonstrates corporate governance

Chukwuemeka Ayomide

April 30, 2021

First Bank confirms Adeduntan’s reinstatement

The sacked board had in a statement by its chairman Ibukun Awosika announced the retirement of Mr Adeduntan from office.

Publish Desk

April 29, 2021

CBN dissolves First Bank board, reinstates Adeduntan

The CBN director noted that removing a sitting MD/CEO of a “systemically important” bank was not good.”

Oyindamola Olubajo

In an era of fake news and overcrowded media marketplace, the journalists at Peoples Gazette aim to provide quality and practical information to help our readers stay ahead and better understand events around them. We focus on being the balanced source of true, stimulating and independent journalism.
The Peoples Gazette Ltd, Plot 1095, Umar Shuaibu Avenue, Utako, Abuja.
+234 805 888 8330.