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- Written by Kunle Awosika
Obat boss and Olugbo of Ugbo Kingdom in Ilaje Local Government Area of Ondo State, Oba Fedrick Akinruntan may be battling hard times as the High Court of the Federal Capital Territory in Jabi, Abuja, on Thursday, ordered the sale of his Abuja hotel owned by one of his companies, Obat Oil and Petroleum Limited to offset N5 billion debt it owes Ecobank Plc.
The Bank Customers Association of Nigeria (BCAN) late Sunday detested in unequivocal terms the attempt by some social media commentators and publishers to disparage the image of the First City Monument Bank (FCMB) in the face of the ongoing controversies over alleged extra-marital affairs of the bank’s Managing Director, Mr. Adam Nuru, describing the act of the commentators as unjustifiable.