The CBN said the intervention aims to strengthen Nigeria’s financial system and prevent potential systemic risks.
SPECIAL REPORT: Jigawa villagers link declining farming output, urban drift to abandonment of damSPECIAL REPORT: Katsina farmers lament impact of climate changeThe symbolism of many colours as President Tinubu addressed Nigerians, By Babafemi A. BadejoSPECIAL REPORT: Jigawa villagers link declining farming output, urban drift to abandonment of damSPECIAL REPORT: Katsina farmers lament impact of climate changeThe symbolism of many colours as President Tinubu addressed Nigerians, By Babafemi A.
The CBN said it remains committed to safeguarding depositors’ interests and ensuring the smooth functioning of the banking sector through proactive measures and strategic interventions.PREMIUM TIMES delivers fact-based journalism for Nigerians, by Nigerians — and our community of supporters, the readers who donate, make our work possible. Help us bring you and millions of others in-depth, meticulously researched news and information.
Unity Bank, which is backed by the Asset Management Corporation of Nigeria , is the only listed bank yet to publish its 2023 earnings report. AMCON, tasked with purchasing and recovering bad loans from banks, is Unity Bank’s largest shareholder, owning over one-third of its issued shares.
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