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Shares in Nigeria's Fidelity Bank slide as anti-corruption agency detains CEO

Nigeria's Fidelity Bank shares fell to a two-month low on Tuesday after the financial crimes agency detained the lender's chief executive last week, prompting it to appoint an acting chief. Fidelity CEO Nnamdi Okonkwo has been in the custody of the Economic and Financial Crimes Commission (EFCC) since Wednesday, as part of investigations into transactions made in the run-up to elections last ...
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Added May 03, 2016
from Yahoo Nigerian News