Boards of Titan Trust, Union, Keystone, Polaris banks get the sack
The Central Bank of Nigeria has sacked the boards of Titan Trust, Union Bank, Keystone Bank and Polaris Bank.
Keen observers said the Wednesday action was a pointer that President Bola Tinubu might have started implementing the recommendations of the Special Investigator on Central Bank of Nigeria (CBN) and Related entities, led by Jim Obazee.
The decision to dissolve the boards was said to have been taken after a meeting involving the CBN Governor, Yemi Cardoso, Obazee, and the board and management of the four banks.
Recall that the investors in Titan Trust Bank refused to honour the invitation to a meeting with the Special Investigator.
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