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BREAKING: Turmoil in First Bank As Furious Otedola Wields The Big Stick After ‘lavish’ Party

Folake Ani-Mumuney was asked to resign as First Bank’s global head of marketing and corporate communications by Femi Otedola, the chairman of the holding company, insiders have told TheCable.

A top employee of the bank informed TheCable that Otedola was “seriously irked” when he learned that a whopping sum was spent on a send-off party for Adesola Adeduntan, the former MD of the bank who was reportedly forced to resign over alleged negligence in a N60 billion electronic fraud.

Otedola, insiders said, believed it was… Read the full article.