CBN completes audit of more banks

Nigerian central bank examiners have found some infractions during an audit of 11 more banks but not on the scale of those at the five rescued in a $2.6 billion bailout, a source close to the regulator said on Monday. The central bank injected 400 billion naira ($2.6 billion) into Afribank, Finbank, Intercontinental Bank, Oceanic Bank, and Union Bank on Aug. 14 and sacked their top management, saying they