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CBN Shakes Up Banking Sector: A Paradigm Shift Unveiled - Vimarsana News

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