Remi Babalola resigns as First Bank Chairman after Otedola increased shares

Femi Otedola’s increased shares in First Bank Holding may have contributed to the resignation of Remi Babalola as Chairman. Babalola quit from his position as the current chairman of FBN Holdings, owners of First Bank on Friday December, 16 2021, a Nairametrics report says. The resignation is yet to be confirmed by the bank or the Nigerian Stock Exchange but analysts believe Otedola’s influence is responsible for Babalola throwing in the towel early after he was appointed by CBN governor, Godwin Emefiele in April 2021. Emefiele announced Mr. Babalola as Chairman of the…

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Stock Exchange to roll out derivatives on major stocks

The Nigerian Exchange (NGX) is concluding arrangements to roll out its first set of derivatives on its largest stocks in a move expected to deepen the stock market and provide investors with new investment instruments A report from the NGX indicated that the NGX will launch its Exchange Traded Derivatives (ETDs) segment with the rollout of the seven derivatives recently approved by the Securities and Exchange Commission (SEC). The seven derivatives contracts include Access Bank Plc Stock Futures, Dangote Cement Plc Stock Futures, Guaranty Trust Bank Plc Stock Futures, MTN…

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Mo Abudu makes Forbes list of world’s 100 most powerful women

EbonyLife Chief Executive Office, Mo Abudu, has been named one of the world’s 100 Most Powerful Women by Forbes magazine, the world’s most authoritative source on business and finance. She placed 98 on the list, joining a select group of women of colour led by US Vice-President Kamala Harris (no. 2), and including billionaires Oprah Winfrey (no. 23) and Rihanna (no. 68), entertainer Beyoncé Knowles (no. 76), filmmaker Ava DuVernay (no. 80), and tennis star Serena Williams (no. 85). The only other African women on the list are Ngozi Okonjo-Iweala, Director-General of the WTO…

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Model in Bike

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Winter Fashion

Lorem ipsum dolor sit amet, duo ad esse quot albucius, saperet appareat eu sed. Est in nusquam luptatum inimicus, quot urbanitas sit ad. Et sea copiosae praesent petentium. Saperet voluptua in mel. Ea dolor menandri argumentum his, sed at melius ponderum. Id his laoreet graecis. Mollis iracundia ea vel, sit ei nullam graeco, etiam postulant ne nam. Mentitum atomorum sea id, id tantas denique eleifend sit, id nulla detracto per. Ne ius eius interpretaris, at vix adhuc adolescens inciderint. Tibique detraxit intellegebat te eos, pri viris contentiones an. Pro autem…

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Christian Eriksen: Inter Milan terminate Danish midfielder’s contract by mutual consent

Inter Milan have terminated midfielder Christian Eriksen’s contract after the Denmark international was suspended from playing due to having a cardiac device fitted. Eriksen, 29, has not played since suffering a cardiac arrest during Denmark’s opening game of the European Championship against Finland in June and receiving life-saving treatment on the pitch. The 29-year-old is prohibited from playing in Italy with an implantable cardioverter-defibrillator due to local health regulations. But he could continue his career in another country where the rules are different. “The club and the entire Nerazzurri family wish…

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Style in Pink

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Fantasy Model

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Happy with Fashion

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Girls in Fashion

Lorem ipsum dolor sit amet, est ea adhuc commodo. Case moderatius et eum, at unum partem ponderum nam, id ancillae scaevola vis. Quas deserunt molestiae no mea, vero partem maiorum ex vim. Alienum vivendum ad nec. Eos amet duis intellegam no. Habeo harum dolores pro te, cu ferri nemore sea. Veniam splendide accommodare in vel, ex reque inciderint pri. Ea quo simul concludaturque, duo at justo eirmod interpretaris. Vel corpora comprehensam signiferumque ex. Duo ut scaevola dignissim contentiones, vis id dictas intellegat. Vis ei solet mediocrem prodesset, aperiam intellegam efficiantur…

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