Union Bank: How controversial transactions led to CBN takeover

•Apex bank affirms lender remains strong, stable FRESH details have emerged regarding the circumstances that led to the regulatory intervention in Union Bank of Nigeria (UBN), with a forensic audit report alleging wide-ranging financial irregularities under the bank’s former owners and directors. The Central Bank of Nigeria (CBN) had in January 2024 dissolved the bank’s board […] The post Union Bank: How controversial transactions led to CBN takeover appeared first on Vanguard News.

By Urowayino Jeremiah