Acquisition Process

BREAKING: FG Moves To Seize Control Of Union Bank, Titan Trust Bank Over Link With Emefiele

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Eko Hot Blog reports that the Federal Government has reportedly initiated actions to take control of Union Bank Limited and Titan Trust Bank Limited, intending to oust their respective boards next week. This development stems from the findings of Special Investigator Jim Obazee, appointed by President Bola Tinubu in July 2023, to scrutinize the operations … Read more

Nigerian Bank Allegedly Owned By Emefiele Opens Up On Acquisition Process

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Eko Hot Blog reports that Titan Trust Bank has reacted to the special investigative report by the Jim Obazee-led panel into the activities of the Central Bank of Nigeria (CBN) under Godwin Emefiele, stating that there was no fraud in the acquisition of Union Bank. Obazee submitted the report of his investigation into acquiring Union … Read more

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