The Central Bank of Nigeria has appointed new executive directors to oversee the affairs of the Polaris, Union, and Keystone banks. The announcement of the new directors came shortly after the apex bank dissolved the board of directors of the deposit money banks. SaharaReporters reported on Wednesday that the CBN dissolved the board and management of Titan Trust Bank and three others, following a report submitted to President Bola Tinubu by the Special Investigator on the Central Bank of Nigeria (CBN) and Related Entities, Jim Obazee.
The Central Bank of Nigeria has dissolved the board and management of Titan Trust Bank and three others, according to Inside Business. This followed a report submitted to President Bola Tinubu by the Special Investigator on the Central Bank of Nigeria (CBN) and Related Entities, Jim Obazee. According to Inside Business, the others affected are Union Bank, Polaris Bank and Keystone Bank.
In exercise of its regulatory powers, the Central Bank of Nigeria (CBN) has dissolved the Boards and managements of Titan Trust Bank, Polaris Bank, Union Bank
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