Nigerian firm sues CBN for N4.1b over alleged negligence

Oil services firm Zumax Nigeria Limited has sued the Central Bank of Nigeria (CBN) for N4.1 billion, accusing it of gross negligence over a disputed receivership. In a suit before Justice Akintoye Aluko of the Federal High Court, Lagos, Zumax alleged that CBN failed in its duty to supervise banks and protect customers. The company [...]Nigerian firm sues CBN for N4.1b over alleged negligence

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