CBN sacks Union, Polaris, Keystone banks’ boards
•Modibbo, over 25 bank chairmen, MDs, directors asked to resign •Interim boards likely today, CBN warns against panic withdrawals The Central Bank of Nigeria has dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank and Polaris Bank over alleged corporate governance infractions and non-compliance with regulatory requirements. This came barely three weeks
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