Azàland

Most of the banks we see now and partner with differ from those known a few years ago. Over the years, there has been an upsurge of banks, some of which we see now, while some have gone into liquidation.
We will be looking at failed Nigerian banks in the past and about them in this article.
List Of Nigerian Failed Banks

Abacus Merchant Bank Ltd
The bank experienced corporate governance challenges from inception. The Board Members should have discharged their fiduciary responsibilities. The bank was illiquid and insolvent and could not be resuscitated by its shareholders.

Bad credit, insider abuse, mistrust amongst directors, non-publication of financial …

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