Tag: Tokunbo Martins

Don’t employ without approval, CBN tells banks

The Central Bank of Nigeria has barred Deposit Money Banks and discount houses from recruiting new employees without first seeking the central bank’s written approval. The development followed the rising cases of fraud and the attendant recycling of dismissed employees in the financial services industry, according to a new CBN […]

SGBN returns as HeritageBank

Tuesday, 19 June 2012 / John Omachonu & Onyinye Nwachukwu / BusinessDay Embattled Societe Generale Bank Nigeria (SGBN) Limited is to commence operations under a new name, Heritagebank, following approval by the Central Bank of Nigeria (CBN), which says the bank has met the financial requirements for returning to business. […]