CBN Sanctions Nine Banks for Failing to Dispense Vash via ATMs
The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. The affected banks which include Fidelity Bank Plc, First Bank Plc, Keystone Bank Plc, Union Bank Plc, Globus Bank Plc, Providus Bank Plc, Zenith Bank Plc, United […]
CBN has Appointed New Executives for Union, Keystone, and Polaris banks
The Central Bank of Nigeria has announced a new appointment of executive officers for Union Bank, Keystone Bank, and Polaris Bank following the dissolution of the board of the banks on Wednesday. The acting director of Corporate Communication, Sidi-Ali Hakama, made this disclosure in a circular dated January 10, 2024. According to the CBN, the […]
CBN dismisses the boards of Union, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN) has sacked the boards of Union Bank, Polaris Bank and Keystone Bank. The apex bank in a statement signed by its Acting Director of Corporate Communications, Sidi Hakama, said “this action became necessary due to the non-compliance of these banks and their respective boards with some sections of the […]
