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Banks
Court Empowers CBN to Freeze Five Accounts over Forex Policy Violation
Posted by JUSTOURS
Five accounts with First Bank of Nigeria and the United Bank of Africa (UBA) will be affected as a Federal High Court has permitted the Central Bank of Nigeria to freeze the accounts due to Forex policy violation.
CBN…
Transcorp Hotels Gets Nod to Raise N10bn Through Rights Issue
Posted by JUSTOURS
Transcorp Hotels Plc is committed to raise the sum of N10 billion in its proposed Rights Issue to fortify its balance sheet. Transcorp, owners of Hilton flagship in the West African subregion, Transcorp Hilton Abuja and…