Tag Archives: infractions

Alleged Infractions: SEC Takes Over Oando Plc Operations

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Sterling Bank Plc. has been fined N8.025 million by the Central Bank of Nigeria (CBN) over varying infractions against stipulated guidelines in the banking industry. According to the bank’s annual report and financial statements, Sterling Bank incurred the wrath of the apex bank with the contravention of the debit card issuance rule with its issuance of multiple debit cards to …

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