Facts have emerged on why the Central Bank of Nigeria (CBN) dissolved the boards and management of Union Bank, Polaris Bank, Keystone Bank and Titan Trust Bank. The apex bank made the disclosure in a formal statement that was uploaded to its official X microblogging account. There were speculations earlier in the day that the CBN would wield the hammer against the banks after led by its governor, Yemi Cardoso, on Wednesday in Abuja. According to the CBN, the action was taken due to the non-compliance of these banks and…
Read MoreCBN Sacks Polaris, Union, Keystone, Titan Banks’ Boards + REASON
