The Central Bank of Nigeria (CBN) may nationalise ailing Unity Bank Plc over its troubled and unhealthy state, in its bid to save depositors and shareholders’ funds. This follows the apex bank’s target examination which shows that the lender is in grave financial condition with its capital adequacy ratio (CAR) and non-performing loans ratio (NPL)…
Ogun State governor, Dapo Abiodun, on Wednesday, distributed N500m to offset backlog of gratuity and pensions of retirees in the state and local government services. Abiodun, while carrying out a symbolic presentation of cheques to some retirees at the June 12 Cultural Centre, Abeokuta, the Ogun State capital, said the event was a demonstration of…
A Senior Advocate of Nigeria (SAN), Femi Falana, has said that the Central Bank of Nigeria (CBN) misled the court into freezing the accounts of some individuals of the ENDSARs protesters by making the court believe that some grave offenses had been committed and would require time to run an investigation. The human rights lawyer,…