The Central Bank of Nigeria (CBN) has dissolved the Board and Management of Union Bank, Keystone Bank, and Polaris Bank. In a press statement signed by the Ag. Director, Corporate Communications, Sidi Ali, Hakama (Mrs.), the CBN said; “this action became necessary due to the non-compliance of these banks and their respective boards with the
How Emefiele Used Proxies To ‘Buy’ Union, Keystone Banks – Daily Trust
The sacked governor of the Central Bank of Nigeria (CBN), Godwin Emefiele allegedly used proxies and purchased Union Bank of Nigeria (UBN), a report by Jim Obazee, the special investigator appointed by President Bola has shown. The late Alhaji Ismaila Isa Funtua, an ally of former President Muhammadu Buhari, was also fingered alongside Emefiele in the acquisition
BREAKING: Fidelity Bank To Take Over Union Bank UK
Top commercial bank, Fidelity Bank has disclosed that it has entered into a deal to buy 100 per cent stake in the United Kingdom unit of Nigeria’s second oldest lender, Union Bank. Jkcyno news previously reported that Titan Trust acquired majority stake in Union Bank. The Central Bank of Nigeria (CBN) has issued a ‘No
Breaking : Titan Trust acquires majority stake in Union Bank
Titan Trust Bank Limited has acquired a majority shareholding interest in Union Bank. This was contained in a notice published on the website of NGX and Securities Exchange Commission on Thursday. The notice was titled, ‘Proposed Divestment of Majority Shareholding Interest in Union Bank of Nigeria Plc’. Part of the notice read, “The Board of
Sterling Bank Starts A War with Other Banks On twitter (Pictures)
[dropcap]S[/dropcap]terling bank throws massive shades at sister banks. Union bank claps back almost immediately as Access bank and First bank could not wait till tomorrow to fire theirs. See the excerpts of their shades and clap backs on twitter below… Haahhaahhahahahhahahaahahahaa…. Omojuwa won’t kee me… Meanwhile, i’d rather grab some popcorn 🍿