Shock Move: Federal Government of Nigeria Takes Over Keystone Bank Ownership

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Federal Government of Nigeria Takes Full Ownership of Keystone Bank Lagos, Nigeria – February 11, 2025 Keystone Bank has officially confirmed that it is now fully owned by the Federal Government of Nigeria

The announcement marks a significant shift in the bank’s ownership structure, bringing it under direct government control. In a statement released earlier today, Keystone Bank assured customers and stakeholders that operations will continue seamlessly, with all banking services remaining fully functional. The bank emphasized its commitment to delivering quality financial services while aligning with national economic policies under its new ownership. This development raises key questions about the government’s plans for the bank’s future, including potential restructuring, leadership changes, and its long-term strategy for Nigeria’s financial sector. More details to follow as this story develops.

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