The court ruled that the CBN acted beyond its legal powers and, therefore, overturned that decision.
The SSS had, on November 21, 2025, arraigned Mr Obadaki on charges bordering on terrorism.
The Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Ltd, following final approval from the Central Bank of Nigeria.
Nicolas-Alausa holds a PhD in English and Comparative Literature and has held several “strategic roles”.
The convict earlier pleaded guilty to the charge and prayed the court for a plea bargain.
The judge adjourned the case until January 20 2025 for arraignment.
“The suspects would be charged to court as soon as investigations are concluded,” he said.
The previous boards and management were dissolved on Wednesday.
“NGX indices are developed to allow investors to efficiently track market movements and properly manage investment portfolios.”
The entrances to all the banks were locked to customers, with only the guards and security agents seen keeping vigil in their vicinities.
