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Browsing: Business
Heritage Bank Repayments To Start Within A Week, Says NDIC
The Nigerian Deposit Insurance Corporation (NDIC) has assured depositors of Heritage Bank it was already in the process of paying…
Oando Plc has recorded nearly the highest possible gain at the Nigerian stock market since the release of its latest…
CBN Explains Revocation Of Heritage Bank’s License
Nigeria (CBN) yesterday cited failure of the board of directors of Heritage Bank to improve its financial performance as the…
Tax Reforms Committee Proposes Daily Sharing Of FAAC Funds
The Presidential Fiscal Policy and Tax Reform Committee has unveiled plans to transition from monthly to daily disbursement of allocations…
Heritage Bank Depositors Under N5 Million To Receive Payout
Payment to depositors with liquidated Heritage Bank having N5 million and below will begin on Monday, the Nigeria Deposit Insurance…
OPay Halts Crypto Trading On Platform, Aligns With CBN Directive
Financial technology company, OPay, has reaffirmed its strict prohibition of cryptocurrency and virtual asset trading on its platform. The company…
EXCLUSIVE: CBN To Revoke Licences Of UnityBank, Keystone, Polaris
Following the revocation of the licence of Heritage Bank, the Central Bank of Nigeria (CBN) is set to also terminate…
Kuda, OPay Resume New Account Signups After CBN Approval
Kuda Microfinance Bank and OPay have resumed onboarding new customers. The Financial technology (Fintech) companies announced this in a separate…
Heritage Bank Depositors To Receive Up To N5 Million Insurance
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Heritage Bank, assuring it will pay depositors of the…
The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made…
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