An ownership and legal drama of epic proportion is currently unfolding in the high-stakes arena of Nigeria’s corporate banking, as business titans fight for the control of the oldest financial institution in the country, First Bank of Nigeria (FBN) Plc.
The protagonists of this latest saga are none other than Nigeria’s wealthiest and most powerful men and institutions: Oba Otudeko; Femi Otedola; Globacom Chairman, Chief Mike Adenuga; Tunde Hassan Odukale; Saheed Arisekola, the scion of the late Ibadan businessman, Alhaji Abdulazeez Arisekola-Alao; Honeywell Group and Ecobank Bank Plc, among others.
