Nigeria’s Central Bank has dissolved the Board and Management of Union Bank, Keystone Bank, and Polaris Bank for non-compliance with banking regulations and corporate governance failures. The affected lenders are privately held and have come under government control in the past. According to a statement by the Central Bank of Nigeria (CBN), the Board and Read More…
Tag: non-compliance
LASG shuts down 30 Health Facilities for regulatory noncompliance
…Reopens Five Facilities No fewer than 30 health facilities across the State were sealed in the months of July and August, 2020 by the Health Facilities Monitoring and Accreditation Agency, HEFAMAA, for non-compliance with regulatory standards. The Executive Secretary of the Agency, Dr. Abiola Idowu, who disclosed this today at the Secretariat, Alausa, Ikeja, explained Read More…