Nigeria Dissolves Board and Management of Polaris, Union and Keystone Banks

I read it and contested that it was a rumour. But with this evidence, it is indeed true. Yes, the Central Bank of Nigeria has dissolved the boards and management teams of Union, Keystone and Polaris banks (and in extension Titan bank since it swallowed Union Bank). This is simply unprecedented and another big asterisk on Buhari’s stewardship of Nigeria’s economy.  For three banks to get this hammer in one day is a big statement in the land.

Good People, if you are looking for the most fearful person in Nigeria right now, I have a cheat sheet for you: Special Investigator Jim Obazee who wrote the report. It does seem like his report will take many people to early retirement and some to [you fill the space].

I will always vote for Nigeria’s progress and I do hope this helps.

Alleged Financial Mismanagement Rocks Nigeria’s Central Bank as Investigator’s Report Exposes High-Level Fraud

I read it and contested that it was a rumour. But with this evidence, it is indeed true. Yes, the Central Bank of Nigeria has dissolved the boards and management teams of Union, Keystone and Polaris banks (and in extension Titan bank since it swallowed Union Bank). This is simply… pic.twitter.com/avFyCp18ZM

— Ndubuisi Ekekwe (@ndekekwe) January 10, 2024

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