Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Trump Imposes 15 Percent Tariff On Nigeria, South Africa, Others

    August 1, 2025

    Niger Drags FG To Court Over Exclusion From 13 Percent Derivation

    August 1, 2025

    #EndBadGovernance: Victims Yet To Get Justice One Year After – Amnesty

    August 1, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Trump Imposes 15 Percent Tariff On Nigeria, South Africa, Others
    • Niger Drags FG To Court Over Exclusion From 13 Percent Derivation
    • #EndBadGovernance: Victims Yet To Get Justice One Year After – Amnesty
    • Ekiti Guber: Fayose Blasts Elder Brother Ayodele For Endorsing Oyebanji
    • Deportation: ‘No Cause For Alarm’- Ojukwu Assures Nigerians in Ghana
    • 2027: Peter Obi And His Chichidodo Politics
    • Atiku Device Coalition(ADC) : Old Sinners In New Cassock
    • Presidency Defends $100,000 Financial Reward To Super Falcons
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Friday, August 1
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » Otedola’s Visit To President Tinubu Raises Dusts Amid First Bank Crisis
    2 Mins ReadJanuary 13, 2025

    Otedola’s Visit To President Tinubu Raises Dusts Amid First Bank Crisis

    By Festus AdeloyeJanuary 13, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The visit of Femi Otedola, Chairman of FBN Holdings PLC to President Bola Tinubu in Abu Dhabi, United Arab Emirates (UAE) on Sunday is generating mixed reactions in the financial sector.

    Otedola was seen in a handshake with Tinubu, who is currently in UAE Abu Dhabi to take part in the 2025 Abu Dhabi Sustainability Week (ADSW).

    Though no official communication was given by the presidency on what transpired during the meeting, a presidency source informed TheScrutiny that the meeting highlights the President’s commitment to strengthening partnerships with key business leaders to drive Nigeria’s economic growth and stability.

    However, some stakeholders claimed Otedola may have gone to visit the president in order to brief him on latest developments in the bank amid attempts by shareholders to remove him as chairman.

    The bank, which is the oldest in Nigeria has been a subject of battle over who holds the single largest share, a development that has led to a boardroom crisis and division amongst the shareholders. 

    Speaking with our correspondent, a former said there is nothing spectacular about Otedola’s visit.

    “This is not the first time Otedola will be meeting with President Tinubu. He is an ally of the president and declared support for him in the 2023 presidential election”.

    “However, truth is that most of these big-time businessmen buy their access to the president using the boys. They are closer to the boys who facilitate their meeting with the president. They do everything within their power to meet the president”.

    “It’s all about a game of power to show to their competitors they are closer to the president”.

    Author

    • Festus Adeloye
      Festus Adeloye

      View all posts
    Bola Ahmed Tinubu Femi Otedola
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Festus Adeloye

    Related Posts

    Breaking News

    Trump Imposes 15 Percent Tariff On Nigeria, South Africa, Others

    August 1, 2025
    Breaking News

    Niger Drags FG To Court Over Exclusion From 13 Percent Derivation

    August 1, 2025
    Breaking News

    #EndBadGovernance: Victims Yet To Get Justice One Year After – Amnesty

    August 1, 2025
    Breaking News

    Ekiti Guber: Fayose Blasts Elder Brother Ayodele For Endorsing Oyebanji

    July 31, 2025
    Breaking News

    Deportation: ‘No Cause For Alarm’- Ojukwu Assures Nigerians in Ghana

    July 31, 2025
    Featured

    2027: Peter Obi And His Chichidodo Politics

    July 30, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    Trump Imposes 15 Percent Tariff On Nigeria, South Africa, Others

    August 1, 2025

    Niger Drags FG To Court Over Exclusion From 13 Percent Derivation

    August 1, 2025

    #EndBadGovernance: Victims Yet To Get Justice One Year After – Amnesty

    August 1, 2025

    Ekiti Guber: Fayose Blasts Elder Brother Ayodele For Endorsing Oyebanji

    July 31, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.