The currency’s value in circulation risen to N3.97 trillion at the end of May, an all-time high and a 1.07 percent gain over the previous month....
The Central Bank Nigeria (CBN) revoked Heritage Bank operating licence yesterday, citing the board of directors’ failure to improve the bank’s financial performance. Meanwhile, the Nigeria...
The Central Bank of Nigeria (CBN) has denied rumours in the media, declaring unequivocally that it has no plans to revoke the operating licences of Unity...
The Central Bank of Nigeria has lifted the six-week ban on onboarding new customers for Paga, moniepoint, Kuda, OPay, and PalmPay services. It should be noted...
Following the Central Bank of Nigeria (CBN) revocation of Heritage Bank Plc banking licence, the Nigeria Deposit Insurance Corporation (NDIC) has declared that the bank’s liquidation...
The Central Bank of Nigeria has terminated Heritage Bank Plc’s banking licence, effective immediately. This decision was made because to the bank’s failure to improve its...
The National Assembly Committee on Banking, Insurance, and Other Financial Institutions has agreed to suspend the amendment process for the bill titled “An Act to Amend...
