“We Decided To Clean House Properly” — Otedola Attributes First HoldCo’s 92% Profit Decline To Deliberate N748bn One-Off Impairment On Legacy Bad Loans

“Why do this now? Because the CBN is pushing banks to stop kicking problems down the road. So First HoldCo basically closed the chapter on messy loans from past years which sends a clear message that borrowing has consequences and it helps rebuild trust,” he said.

 

Click Here 👇 for details 

“We Decided To Clean House Properly” — Otedola Attributes First HoldCo’s 92% Profit Decline To Deliberate N748bn One-Off Impairment On Legacy Bad Loans

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Edo Security Corps Apprehends Motorcycle Thieves Supplying Kidnappers

Tue Feb 3 , 2026
Operatives of the Edo State Security Corps (ESSC) have apprehended two suspects believed to be involved in the theft of motorcycles for suspected kidnappers operating in the state. The suspects, identified as Yusuf and Zubairu, were arrested in a forest in Uromi, Esan North East Local Government Area, following a […]
kidnappers
Privacy Overview
Akokoedonews

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.