CBN Sacks Boards, Managements Of Keystone, Polaris, Union Banks
The Central Bank of Nigeria (CBN), on Monday, June 10, 2024 announced the immediate dissolution of the board and management of Keystone, Polaris and Union Banks. This was contained in a statement by Mrsa Sidi Ali Hakama, Acting Head of Corporate Communications of the CBN, stating that the decision of the apex bank was based on the non-compliance with regulatory institutions and specifically on Sections 12 (c), (f) (g) (h) […]