CBN Governor, Cardoso Bags New Appointment

CBN Sacks Entire Boards of 3 Nigerian Banks

The Central Bank of Nigeria has sacked the entire boards of Polaris bank, Titan bank, and Keystone Bank. According to sources within the apex bank, the decision was taken in a meeting led by the apex bank’s governor, Yemi Cardoso. The action follows the recommendation of the Special Investigator, Jim Obazee, appointed by President Bola […]

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CBN Sells Off Polaris Bank, Reveals New Owner

The Central Bank of Nigeria (CBN) has announced the completion of the sale of Polaris Bank to Strategic Capital Investment Limited (SCIL). The transaction was disclosed in a statement on Thursday by CBN’s Director, Corporate Communications, Osita Nwanisobi. Nwanisobi disclosed that the deal was sealed with SCIL by the CBN and Asset Management Company of […]

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