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CBN assembles SANs, appeals court ruling on Union Bank takeover

CBN assembles SANs, appeals court ruling on Union Bank takeover

The Central Bank of Nigeria, CBN, has constituted a high-powered legal team of Senior Advocates of Nigeria, SANs, to challenge the judgment of the Federal High Court in Lagos which nullified its takeover of Union Bank of Nigeria Plc and ordered the reinstatement of the bank’s former board.

CBN assures of Union Bank’s stability

CBN assures of Union Bank’s stability

Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has assured the public of Union Bank Plc’s stability. In a late Wednesday night statement, following the court ruling on the removal of Union Bank’s board in 2024, CBN highlighted that Union Bank continues to meet its obligations to its customers. The signed by […]