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Union Bank Placed Under Negative Watch by Fitch For Six Months After CBN Sacks, Appoints Directors

Sacked banks boards: CBN plans shareholders summit, compiles new directors lists

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.

Dear Customer : Nigerian Bank Sends Clear Message On Funds in Account As CBN Makes Changes

The Central Bank of Nigeria has decided to sack all directors of three Nigerian banks, raising concerns among customers about the safety of their deposits.

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