The Central Bank of Nigeria (CBN) has wielded its regulatory big stick on First Bank of Nigeria, by removing all directors of FBN Limited and FBN Holdings Plc. The apex bank also announced the reinstatement of Sola Adeduntan who was sacked by the bank’s board and replaced with Gbenga Shobo.

The CBN revealed the sweeping changes at a press conference addressed by its Governor, Godwin Emefiele on Thursday. He stated that the bank has been afflicted by “bad credit decisions, significant and non-performing insider loans and poor corporate governance practices” over the years...

https://www.techawkng.com/2021/04/29/cbn-removes-ibukun-awosika-other-first-bank-board-of-directors-reinstates-sola-adeduntan-as-md/

Sounds a fishy affairs. The same Stock as OBA OTUDEKO.