The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc with immediate effect.Hakama Sidi Ali, Acting Director, Corporate Communication at the apex bank, announced this in a ...
Some members of the minority shareholders community have called for a probe of the management and directors of the failed ...
Many Nigerians were caught unawares by yesterday’s revocation of the licence of Heritage Bank by the CBN, but among many ...
Hassan said the total bank deposits at heritage bank stands at N650 billion while it’s loan portfolio stands at over N700 billion.
The Nigerian Deposit Insurance Corporation(NDIC) has assured depositors of Heritage Bank that there is no need for panic as it is already in the process of repaying depositors of the bank. The ...
The Central Bank of Nigeria (CBN) has shed more light on why it revoked the banking licence of Heritage Bank Plc. A “Notice of revocation of Banking licence under BOFIA 2020” signed by the Governor of ...
The Central Bank of Nigeria (CBN) announced on Monday the revocation of Heritage Bank Limited’s operating license with immediate effect.In a statement issued by Mrs. Hakama Sidi Ali, the CBN’s acting ...
Monday morning revoked the license of Heritage Bank for breaching Section 12(1) of the Banks and other Financial Institutions ...
This decision, it said, was to maintain a stable and healthy financial system as authorised under Section 12 of the Banks and ...
This action became necessary due to the bank's breach of Section 12 (1) of BOFIA. "The Board and Management of the bank have not been able to improve the bank's financial performance, a situation ...
The Central Bank of Nigeria ( CBN) has revoked the license of Heritage Bank Plc with immediate effect. A statement from the ...
She said: “The Central Bank of Nigeria (CBN), in accordance with its mandate to promote a sound financial system in Nigeria ...