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CBN sacks Skye Bank’s management over capital adequacy issues, now set to partially take over the bank
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Multibillion dollar FX fraud: Olam Nigeria pays ₦1billion bail bond to secure release of director
Olam Nigeria Limited has paid a huge bail bond of N1billion to secure the release of one of its directors, Prakash Kanth. The payment was made into a special recovery account operated by the State Security Service, SSS. Other top executives of the company have reportedly fled the country in the wake of the arrest of the governor of the Central Bank of Nigeria, Godwin Emefiele and his accomplices. Insiders told our reporter that the SSS requested the humongous bail bond ...