Nationalised banks: FG files appearance notice in suit

Started by MrVan, Nov 21, 2011, 09:02 AM

MrVan

The Federal Government, has filed its appearance in suit before a Federal High Court sitting in Lagos, by some aggrieved shareholders of Afribank Plc, Bank PHB Plc and Spring Bank Plc, who are challenging the revocation of the licences of their banks by the Central Bank of Nigeria, CBN.

Vanguard