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OCEANIC AND INTERCONTINENTAL FORMER CEOs ON THE RUN
A week after the central bank governor Lamido Sanusi announced the sack of the MDs/CEOs of five banks, the banking sector has been in a state of constant flux.The EFCC announced recently that it had no idea of the whereabouts of the former CEOs...
EFCC ARRESTS THREE OF THE FIVE BANK CEO's AND EIGHT BANK EXECUTIVES
The crisis in the nigerian banking sector has escalated for the five nigerian banks whose chief executives were sacked by the Central Bank of Nigeria (CBN) last week, as the Economic and Financial Crimes Commission (EFCC) has arrested three of the...
CENTRAL BANK OF NIGERIA RELEASES LIST OF WORST DEBTORS IN NIGERIA
The central bank of nigeria continuing its pursuit to sanitize the banking system in nigeria has released a list of debtors on its website.The list of the largest debtors in nigeria was published as an advertorial on the central bank of nigeria’s...
SHARES OF THE FIVE DISTRESSED BANKS SUSPENDED FROM NIGERIAN STOCK MARKET
The shares of the five banks whose CEOs were sacked last week have been suspended from the nigerian stock exchange. The Director General of the Nigerian Stock Exchange (NSE), Prof. (Mrs) Ndi Okereke-Onyiuke, announced the suspension of the shares...
CENTRAL BANK OF NIGERIA SACKS FIVE BANK DIRECTORS
From Naijaloft In a move to protect the interests of depositors The Central Bank of nigeria has removed the managing directors/executive directors of the following banks Afribank PlcIntercontinental Bank PlcUnion Bank of Nigeria PlcOceanic International...
