The Central Bank of Nigeria (CBN) has taken a bold step by dissolving the boards and management of Union Bank, Polaris Bank, Keystone Bank, and Titan Trust Bank. The unexpected move was communicated through a formal statement uploaded to the CBN's official microblogging account.
The CBN's...
In a dramatic turn of events in the ongoing Union Bank controversy, Jim Obazee, the Special Investigator appointed by President Bola Tinubu to probe the Central Bank of Nigeria (CBN), has unequivocally rejected a plea by Titan Trust Bank (TTB) Chairman, Tunde Lemo, and two major investors to...
In a significant development, the Special Investigation Panel on the Central Bank of Nigeria (CBN) has issued a summons to Babatunde Lemo, the Chairman of Titan Trust Bank (TTB), regarding the acquisition of Union Bank of Nigeria.
Lemo, a former CBN deputy governor, has been summoned alongside...
Titan Trust Bank has debunked media reports alleging illegalities in the acquisition of Union Bank of Nigeria Plc.
In a statement by the management of the bank made available to the media on Sunday, the lender insisted that the transaction followed due process and met all regulatory...
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