NEWS
CBN Revokes Heritage Bank Licence, Appoints Liquidator
The Central Bank of Nigeria, CBN has revoked the banking licence of Heritage Bank due to inability of improve financial performance over the years which it pointed out as a threat to financial sustainability.
The Central Bank of Nigeria, CBN has revoked the banking licence of Heritage Bank due to inability of improve financial performance over the years which it pointed out as a threat to financial sustainability.
In a statement signed by the Actinflg Director of Corporate Communication, Mrs Hakama Sidi Ali on Monday, CBN ade it clear that it toom this action to restore and ensure public confidence in the banking system.
The statement also revealed that the apex bank engaged Heritage and prescribed steps to stop the decline but al to no avail.
It further appointed the Nigeria Deposit Insurance Corporation NDIC as thw liquidator of the bank.
Over a couple of weeks, customers at Heritage Bank have been unable to withdraw from their accounts. In Umuahia, Abia State, the bank allegedly resorted to paying N5,000 – N10,000 or lesser to customers no matter how much one has in their account.
For publication of your news content, articles, videos or any other news worthy materials, please send to newsleverage1@gmail.com. For more enquiry, please call +234-901-067-1763 or whatsapp +234-901-067-1763. To place an advert, please call 09010671763
Shettima: What We Have Done Is Fight for the Survival of Nigeria
Tinubu Accuses Opposition of Creating Hunger and Poverty in Nigeria
YIAGA Africa: INEC Must Explain Delay in Publishing Voters’ Register Online
Kasarachi Enyinna Meets Peter Obi, Reaffirms Commitment to a Better Nigeria
Umahi: Peter Obi Started the Confrontation, I Didn’t Criticise Him
NAFDAC Uncovers Illegal Herbal Products Factory in Lagos, Seizes Fake-Labelled Products
Hon. Chidi Nnamdi Unveils Four-Year Development Blueprint for Obingwa, Osisioma, Ugwunagbo
2027: Hunger, Not Political Permutations, Will Defeat Tinubu – Dele Momodu
Tinubu and INEC Cannot Hide 103 Million Names and Expect Nigerians to Trust 2027 Election – Atiku
Ebola: Africa CDC Reveals Origin of Ebola Patient in Nigeria, Seeks Cooperation
97-Year-Old Dr Mrs. Shields Reconstructs, Reopens Mary Slessor Library in Arochukwu
Cardinal Onaiyekan: Governor Alia Was Suspended for Defying Catholic Church Rules on Politics
Eze Eberechukwu Oji Commissions Amuvi Community Self-Built Connectivity Hub
Eze Eberechukwu Oji Receives New Book on Arochukwu’s Cultural Heritage, Eulogizes Author
‘We Will, We Will, We Will’: Atiku Slams Tinubu Over Promises, Questions Achievements After Three Years
NIGERIA at 66: What is the Way Forward? – Otunba Babatunde Olushola Senbanjo Calls for Rescue, Rebuild and Restore the Nation
2027: INEC Warns Against Private Declaration of Election Results, Says Commission Has Exclusive Authority
Leave Chidi Nnamdi Alone, Earn the People’s Trust – New Direction Agenda
Ikeji-Aro 2026: Elekwa Applauds Umu-Aro, Says Unity Made Festival A Success
How Customs ACG, Others Defrauded Man of ₦96m Over Fake Container Auction – Verydarkman
The final 6 ‘Game of Thrones’ episodes might feel like a full season
New Season 8 Walking Dead trailer flashes forward in time
Mod turns ‘Counter-Strike’ into a ‘Tekken’ clone with fighting chickens
Meet Superman’s grandfather in new trailer for Krypton
Disney’s live-action Aladdin finally finds its stars
Who are the early favorites to win the NFL rushing title?
The old and New Edition cast comes together to perform
Boxing continues to knock itself out with bewildering, incorrect decisions
Steph Curry finally got the contract he deserves from the Warriors
Phillies’ Aaron Altherr makes mind-boggling barehanded play
-
Abia State News4 weeks ago97-Year-Old Dr Mrs. Shields Reconstructs, Reopens Mary Slessor Library in Arochukwu
-
NATIONAL NEWS2 weeks agoCardinal Onaiyekan: Governor Alia Was Suspended for Defying Catholic Church Rules on Politics
-
Abia State News4 weeks agoEze Eberechukwu Oji Commissions Amuvi Community Self-Built Connectivity Hub
-
METRO2 weeks agoEze Eberechukwu Oji Receives New Book on Arochukwu’s Cultural Heritage, Eulogizes Author
-
NATIONAL NEWS4 weeks ago
‘We Will, We Will, We Will’: Atiku Slams Tinubu Over Promises, Questions Achievements After Three Years