The current Group Managing Director of Union Bank of Nigeria Plc, Mrs Funke Osibodu, will be exiting towards the end of this year, after slightly over three years of transformation that has put the bank back on a sound footing. Sources said that she may also continue with the board […]
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Why Osibodu is leaving Union Bank
The current Group Managing Director of Union Bank of Nigeria Plc, Mrs Funke Osibodu, will be exiting towards the end of this year, after slightly over three years of transformation that has put the bank back on a sound footing. Sources said that she may also continue with the board […]
Banks lost N5.8bn to fraud in 2011
Deposit Money Banks in the country lost a total of N5.8bn to cases relating to fraud in 2011, a publication by the Central Bank of Nigeria has revealed. According to the document, there were 2,527 reported cases of attempted fraud or forgery, involving N29.5bn, as against 5,960 cases involving N19.7bn […]
