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MONDAY 22TH APRIL 2024

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FirstBank Holdings Announces Olusegun Alebiosu, Acting Chief Executive of FBN

James Emejo in Abuja

The Board of FBN Holdings Plc, yesterday, announced the appointment of Mr.

Olusegun Alebiosu as acting Chief Executive, First Bank of Nigeria Limited (FirstBank), its flagship subsidiary. The appointment came

on the heels of the recent resignation of the bank’s Managing Director/Chief Executive, Dr. Adesola Adeduntan.

In a statement to the of directors had appointed Nigerian Stock Exchange, Alebiosu to lead the 130-yearthe holdings' acting old institution. Company Secretary, Adewale Continued on page 5 Arogundade, said the board

Alebiosu

After Initial Commotion, Aiyedatiwa Wins Ondo APC Governorship Primary Election...

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Monday, April 22, 2024 Vol 29. No 10603. Price: N400

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Edun: Nigeria Secures $2.25bn World Bank Credit

Funke Olaode in Washington DC and James Emejo in Abuja

L-R: Governor of Jigawa State, Mallam Umar Namadi; Vice President of Nigeria, Senator Kashim Shettima; Emir of Dutse, Muhammad Hameem Nuhu Sunusi; former President of Nigeria, Alhaji Muhammadu Buhari, behind roll, newly Turbaned Sardauna Dutse, Alhaji Nasiru Haladu Danu and Sodangi of Dutse, Adokiye Ibierele Ikpoki , during the turbaning of Sardauna and Sodangi of Dutse in Jigawa State on Thursday

Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, said the federal government had secured a $2.25 billion Continued on page 5

FG to Deploy, Launch First Set of CNG Vehicles in May to Mark Tinubu’s OneYear Considers buses, tricycles, targets one million automobiles by 2027 Olawale Ajimotokan in Abuja The federal government has concluded plans to launch and deploy Compressed Natural Gas (CNG) vehicles for mass transit, starting this May, as part of activities marking President Bola Tinubu’s one year in office. Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this in a statement, yesterday. Onanuga said while considering buses and tricycles in addition, the government targeted about one million automobiles by Continued on page 5

NIGERIAN DELEGATION VISITS IMF HEADQUARTERS... L-R: The Deputy Governor (Economic Policy), Central Bank of Nigeria (CBN), Mr. Muhammad Sani Abdullahi; the Permanent Secretary, Federal Ministry of Finance, Mrs. Lydia Jafiya; the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Managing Director, International Monetary Fund, Ms. Kristalina Georgieva; the Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso; and the Director General, Debt Management Office (DMO), Nigeria, Ms. Patience Oniha, during a visit of the Nigerian delegation to the Managing Director of the IMF, in her office in Washington, on Saturday


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