Naija Lo Wa

Last Friday,the licenses for Afribank, Bank PHB, and Spring Bank were revoked and their assets and liabilities have been transferred to the newly incorporated Bridge Banks:

1. Mainstreet Bank Limited has assumed the assets and liabilities of Afribank Nigeria Plc.

2. Keystone Bank Limited has assumed the assets and liabilities of Bank PHB Plc.

3. Enterprise Bank Limited has assumed the assets and liabilities of Spring Bank Plc.