CBN Reaffirms Oversight and Stability of Union Bank After Court Ruling
A Federal High Court has reinstated the Union Bank board, ruling the CBN’s January 2024 intervention unlawful. The Central Bank of Nigeria is reviewing the judgment while assuring the public of the bank's stability and reaffirming its commitment to oversight.
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CBN reaffirms oversight, assures stability of Union Bank after court ruling
“As the apex regulatory authority, the CBN remains committed to acting in accordance with its mandate and established legal processes,” the statement read. The post CBN reaffirms oversight, assures stability of Union Bank after court ruling appeared first on Premium Times Nigeria.
By Omotoyosi Idowu
Read full article →Court restores Union Bank board, overturns CBN decision
A Federal High Court has reinstated the Union Bank board, ruling the CBN’s January 2024 intervention unlawful and outside its statutory powers. Read More: https://punchng.com/court-restores-union-bank-board-overturns-cbn-decision/
By Punch Newspapers
Read full article →CBN assures of Union Bank’s stability
Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has assured the public of Union Bank Plc’s stability. In a late Wednesday night statement, following the court ruling on the removal of Union Bank’s board in 2024, CBN highlighted that Union Bank continues to meet its obligations to its customers. The signed by […] The post CBN assures of Union Bank’s stability appeared first on Vanguard News.
By Nwafor
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