Nigeria : ETB And Banking Reforms (AllAfrica.com)

Lagos — On October 2, 2009, the Central Bank of Nigeria (CBN), after the audit of 14 banks in collaboration with the Nigerian Deposit Insurance Corporation (NDIC), took over Equitorial Trust Bank (ETB). In the same mode of "corporate abduction", members of the bank's Executive Management were eased out.
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Added December 07, 2009
from Yahoo Nigerian News