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CBN Appoints New Executives In Response to Alleged Infractions - IT News Africa | Business Technology, Telecoms and Startup News

CBN Appoints New Executives In Response to Alleged Infractions - IT News Africa | Business Technology, Telecoms and Startup News
itnewsafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itnewsafrica.com Daily Mail and Mail on Sunday newspapers.

CBN Shakes Up Banking Sector: A Paradigm Shift Unveiled

By Ademola Oyetunji In a surprising turn of events on Wednesday, the Central Bank of Nigeria (CBN) dissolved the boards of three prominent commercial banks – Keystone, Polaris, and Union Bank. This move, although unanticipated, transpired despite the Central Bank's recent endorsement of these banks' financial soundness. Governor Olayemi Cardoso, at his inaugural address during

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