Keystone Bank has taken control of Bacita Sugar Company, also known as Josepdam Sugar Company, due to the company’s failure to settle a debt of N25,358,203,258.09. The bank has appointed Mr Yunus Abdulsalam (SAN) as the Receiver/Manager of the company…
Keystone Bank Limited has announced that it is now fully owned by the Federal Government of Nigeria, following the court’s dissolution of its former shareholder, Sigma Golf Nigeria Limited. This was disclosed in the bank’s statement after the judgement by…
By Esther Agbo The Board of Directors of Emerging Markets Telecommunication Services Limited, operating as 9mobile, has denied reports that a court ordered it to pay a N55bn debt to Keystone Bank. In a statement released on Saturday, 9mobile clarified…
Keystone Bank has denied reports that the Minister of Justice and Attorney-General of the Federation, Abubakar Malami (SAN), forced it to convert the $1 at N305. The reports came after the bank met with the House of Representatives’ Ad Hoc…
