CBN moves against Otudeko, directs First Bank to recover debt owed by Honey Well Flour in 48-hours

CBN moves against Otudeko, directs First Bank to recover debt owed by Honey Well Flour in 48-hours: The decision of the regulatory bank was predicated on the failure of First Bank to divest its holdings in Honey Well contrary to its directive to do so and also perfect its lien on the shares of Oba Otudeko in FBN Holding Plc.