Friday, May 14

Tag: Oba Otudeko

Oba Otudeko Rebuffed My Pleas On First Bank Crisis – Emefiele
Business

Oba Otudeko Rebuffed My Pleas On First Bank Crisis – Emefiele

The Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele has revealed how boardroom guru and major shareholder with the First Bank Nigeria Limited, Dr. Obafoluke Otudeko spurned his calls and pleas not to interfere with the running of the bank by engineering the removal of its managing director/Chief Executive Officer, Dr. Adesola Adeduntan. According to the CBN Governor, Otudeko, a major shareholder controlling about 10 percent of First Bank, rebuffed his calls and also refused to pick the calls of 2 other major shareholders of the Bank, sought to intervene. “I spoke to Mr. Oba Otudeko, he refused to grant my request. I had to call two of his fellow major shareholders to call him to ask the board not to take such decisions without the approval of the CBN. He refused to pi...
Donations to Combat Coronavirus in Nigeria Hits N25.8bn
News

Donations to Combat Coronavirus in Nigeria Hits N25.8bn

The donations to combat Coronavirus in Nigeria has risen to N25.8bn as confirmed in a statement released by Isaac Okoroafor, the Director of Corporate Communications at the Central Bank of Nigeria. In the statement released on Friday, Mr. Okoroafor said the coalition "conveys its gratitude to all the institutions and individuals that have generously donated to this fund" Okorafor urged others to "consider contributing to this national solidarity to provide not only medical equipment and materials but also to render urgently needed palliatives to the poor and vulnerable segments of our society." “We urge others to consider contributing to this national solidarity to provide not only medical equipment and materials but also to render urgently needed palliatives to the poor and vuln...
I AM Not ANGRY With OBJ, Tinubu…because The Experience I Had in Prison, No Varsity Can Provide IT — Bode George
Politics

I AM Not ANGRY With OBJ, Tinubu…because The Experience I Had in Prison, No Varsity Can Provide IT — Bode George

They were landlords here in PDP but went to APC as tenants. I was surprised when they left because, as landlords with good mindset, if your house is leaking, you don’t abandon it and go to another house to be tenants. What you need to do is to fix the leakage and remain landlords. I remember that I said it publicly then that the APC is a contraption, a congregation of strange bedfellows. What has it has turned out to be now? They are divided and the reason is that there are no ideological differences between the two major parties, people can easily move from one to the other. Now that they have tried another party, they were stopped from having the control of the executive at the ward, local government and state levels; they now realized that the situation was dangerous for their future...
Billionaire Debtor, Oba Otudeko Appears In Court Shielded By Guards
News

Billionaire Debtor, Oba Otudeko Appears In Court Shielded By Guards

One of Nigeria’s richest men, Oba Otudeko who is chairman of Honeywell Group on Wednesday, appeared in court shielded by stern looking security men who wrapped themselves around him to prevent journalists from taking his pictures. According to Sahara Reporters, Mr. Otudeko had been summoned by the Federal High Court In Ikoyi, Lagos to testify in a N5.5 billion debt lawsuit involving Honeywell Flour Mills Plc and its sister companies – Anchorage Leisures Ltd and Siloam Global Ltd. But after leaving the witness box, Mr. Otudeko, could not leave immediately the courtroom as journalists besieged him making efforts to interview him or take photos and videos. At some point during the drama, some of the personal guards who followed him kept asking photojournalists; “Why are you doing thi...
Drama As ‘Camera-Shy’ Honeywell Boss, Otudeko, Refuses To Leave Court
News

Drama As ‘Camera-Shy’ Honeywell Boss, Otudeko, Refuses To Leave Court

The chairman of Honeywell Group, Oba Otudeko, is currently hiding at the Federal High Court in Lagos to evade journalists’ cameras. Mr. Otudeko had just finished an appearance in court where he had been summoned to give evidence in a case involving his company and Ecobank Plc. However, after the proceedings, he stayed back inside the court premises while his aides were stationed at strategic locations to block camera shots. A mild scuffle was averted between one of the aides and a Channels TV cameraman. Mr. Otudeko is still stuck in court almost an hour after proceedings ended.
VP Yemi Osinbajo, Tony Elumelu, Aliko Dangote Others Seek Business Growth In Africa
News

VP Yemi Osinbajo, Tony Elumelu, Aliko Dangote Others Seek Business Growth In Africa

Vice President, Prof. Yemi Osinbajo, Africa’s richest man, Aliko Dangote, and founder, Tony Elumelu Foundation, Tony Elumelu, were among prominent Africans that yesterday, unanimously agreed that entrepreneurship will create the needed jobs, increase the Gross Domestic Products (GDP), and generate revenue for governments on the continent. Speaking at the 2017 Tony Elumelu Foundation Entrepreneurship Forum, in Lagos, Osinbajo specifically noted that history has a way of tying entrepreneurs down, and can “equally tie us down compelling us to look backwards and becoming a barrier to achieving our goals.” With the theme, “The Tyranny of History,” the Vice President stated that African political history is dominated by wars, famine, failures of the states. According to him: “Our economic ...

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