Tag: CBN
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Appeal Court’s N2.5bn Order Against CBN Sparks Outrage Over ‘Culture of Cruelty’ in Governance
The recent Court of Appeal judgment ordering the Central Bank of Nigeria (CBN) to release N2.5 billion to 110 former staff of Ahmadu Bello...
Naira Slips Further at Official Market Despite Rise in Nigeria’s Forex Reserves
The Nigerian naira on Thursday extended its decline against the United States dollar at the official foreign exchange market, despite a marginal increase in...
Fraudsters Hack Union Bank’s Core System, Siphon ₦9.3 Billion from Customers’ Accounts
In a shocking development that has rocked Nigeria’s financial sector, fraudsters have hacked Union Bank’s core banking system, siphoning a staggering ₦9.3 billion from...
BREAKING: CBN Sacks Boards of Union, Titan, Keystone, Polaris Banks
The Central Bank of Nigeria has, with immediate effect, sacked the entire Board of Directors of Polaris, Titan, Union and Keystone Banks.
CBN sources say...
CBN Special Investigator Summons Titan Trust MD, Major Shareholders Over Acquisition Of Union Bank
The special investigator panel on the Central Bank of Nigeria (CBN) and related entities has summoned Babatunde Lemo, chairman of Titan Trust Bank (TTB),...
