Quote:
Originally Posted by BENKUSH
Please kindly advice on the status of shares held in this bank. Did this bank went into liquidation or merge with another bank?
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The bank was supposed to merge with Afribank but had to chose to be liquidated because of the share exchange ratio Afribank came up with at the tail end of the consolidation excercise.
It is one of the banks CBN/NDIC plan to auction very soon.