July 19, 2012 / Goddy Egene The Group Managing Director/Chief Executive Officer (CEO) of Union Bank of Nigeria Plc, Mrs. Funke Osibodu, is to step down following a reorganisation of the board and management of the company by the core investors, Union Global Partners Limited, in agreement with the Asset […]
Tag: AMCON
Nationalisation of PHB, Spring, Afribank fraudulent – Reps panel
The House of Representatives Ad-Hoc Committee on the Near-Collapse of the Capital Market, has said that the nationalisation of Afribank Plc, Bank PHB and Spring Bank by the regulatory authorities was fraudulent. The committee listed Sanusi and Oteh among other officials to be investigated by the Economic and Financial Crimes […]
Nigeria’s “bad bank” may list nationalised lenders
* AMCON runs three nationalised banks after rescue * Rival banks had been lined up to bid for them * Listing may get more attractive valuation LAGOS, July 3 (Reuters) – Nigeria’s state-backed “bad bank” on Tuesday said it may list three lenders that were nationalised as part of a […]
