Nigeria said it will take possession of two banks that the government alleges were bought at a major discount by former Central Bank Governor Godwin Emefiele using proxies.
“We have completed our investigation on this acquisition and we are on the verge of recovering these two banks for the federal government,” a report by a special investigator appointed by President Bola Tinubu said.
Read More : Nigeria Announces Takeover of Banks Acquired by Ousted Bank Governor