CBN sacks boards of Titan Trust, Union Bank, Keystone Bank, Polaris

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President Bola Tinubu has started the implementation of the report of the Special Investigator on Central Bank of Nigeria and Related entities, Jim Obazee with the dissolution of the board and management of Titan Trust Bank and three others.

The others are Union Bank, Polaris Bank and Keystone Bank.

The decision to dissolved the boards was taken after a meeting between Yemi Cardoso, Obazee and the board of the four banks including the investors in Titan Trust Bank that have earlier avoided meeting with the Special Investigator.