CBN asks court to strike out Afribank shareholders’ application

Started by MrVan, Feb 21, 2012, 04:05 AM

MrVan

Central Bank of Nigeria, CBN, yesterday, asked a Federal High Court stting in Lagos to dismiss the application   by some aggrieved shareholders of the defunct Afribank (now Mainstreet Bank), challenging the legality of an application for stay of proceedings in the suit against the nationalisation of their bank.

Vanguard