Union Bank's new management resumes, pledges seamless service hallmarknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hallmarknews.com Daily Mail and Mail on Sunday newspapers.
CBN Appoints New Executives In Response to Alleged Infractions - IT News Africa | Business Technology, Telecoms and Startup News itnewsafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itnewsafrica.com Daily Mail and Mail on Sunday newspapers.
Takeover: More banks may go over regulatory infractions hallmarknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hallmarknews.com Daily Mail and Mail on Sunday newspapers.
By Ademola Oyetunji In a surprising turn of events on Wednesday, the Central Bank of Nigeria (CBN) dissolved the boards of three prominent commercial banks – Keystone, Polaris, and Union Bank. This move, although unanticipated, transpired despite the Central Bank's recent endorsement of these banks' financial soundness. Governor Olayemi Cardoso, at his inaugural address during
The CBN had on Wednesday fired the boards of the banks, citing corporate governance failure and non-compliance with regulatory requirements, among others, as reasons.