Is Oceanic Bank still existing?

Is Oceanic Bank still existing?

It was listed on the Nigerian Stock Exchange on June 25, 2004. In October 2010, Cecilia Ibru, the former head of Oceanic Bank, was sentenced to eighteen months and ordered to forfeit over US$1 billion for fraud….Oceanic Bank.

Type Public limited company
Website Website shut down after closure

What bank bought Oceanic Bank?

Ecobank
Oceanic Bank International was acquired by Ecobank on Oct 25, 2011 .

Why did Oceanic bank fail?

Oceanic Bank is one of the eight banks that had their management teams sacked by the Central Bank of Nigeria (CBN) in the wake of alleged unethical practices in the industry.

When was Oceanic Bank established?

March 26, 1990Oceanic Bank / Founded

Who is the registrar for Ecobank?

In 2016, Ecobank Development Corporation (EDC) divested from the Registrar business and the company was acquired by Modesty Capital Limited. This led to the renaming of the Company as Crescent Registrars Limited.

What year did Ecobank acquire Oceanic Bank?

2011
On July 30, 2011, Oceanic Bank and Ecobank Transnational Incorporated entered into a Transaction Implementation Agreement, setting out the framework for the Oceanic acquisition.

How old is Cecilia?

75 years (March 22, 1946)Cecilia Ibru / Age

Who was Cecilia Ibru’s husband?

Michael IbruCecilia Ibru / Husband (m.?–2016)

Is Michael Ibru alive?

Deceased (1930–2016)Michael Ibru / Living or Deceased

Where are the Ibru family from?

Agbarha-Otor
The Ibru family are Urhobo people from Agbarha-Otor, near Ughelli in Delta State. The family patriarch was Chief Peter Epete Ibru, a missionary who worked for much of his life in Yorubaland.

Who are the richest families in Nigeria?

2020

Name Citizenship Sources of wealth
Aliko Dangote Nigeria Sugar, flour, cement
Mike Adenuga Nigeria Telecommunication, petroleum
Abdul Samad Rabiu Nigeria Cement, Sugar
Orji Uzor Kalu Nigeria Chairman slok holding chairman daily sun chairman first international bank limited chairman new telegraph

Who is Michael Ibru in Nigeria?

Michael Ibru
Born Michael Christopher Onajirevbe IbruDecember 25, 1930 Nigeria
Died September 6, 2016 (aged 85) Upper Marlboro, Maryland, United States
Occupation Businessman
Known for Ibru Organization

author

Back to Top