A high-stakes financial clash has erupted between billionaire businessman Femi Otedola and Jim Ovia, chairman of Zenith Bank, over alleged unauthorized transactions amounting to billions of…
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The Central Bank of Nigeria (CBN) has clarified that there are no plans to revoke the licenses of three banks. In a recent press release, Haka…
The Nigerian Deposit Insurance Corporation (NDIC) has announced that depositors at Heritage Bank will start receiving payments by the end of the week. This was revealed…
The Central Bank of Nigeria (CBN) has revoked Heritage Bank Plc’s banking license with immediate effect. In a statement released on Monday, Hakama Ali, the Acting…
The Nigeria Deposit Insurance Corporation (NDIC) has begun liquidating Heritage Bank Plc. This follows the Central Bank of Nigeria (CBN) revoking the bank’s commercial license with…
Dr. Mohammed Amin Adam, the Finance Minister, has reassured Ghanaians that the current depreciation of the cedi will stabilize in the medium to long term. He…
The Bank of Ghana (BoG) has decided to keep the policy rate steady at 29 percent, reflecting its continued efforts to stabilize the economy amidst persistent…
The Federal High Court in Lagos recently ruled on a matter concerning a regulation by the Central Bank of Nigeria (CBN) requiring financial institutions to collect…
The Institute for Energy Security (IES) has projected a slight dip in fuel prices nationwide, effective May 16, 2024, following a decline in global prices of…
The Central Bank Of Nigeria (CBN) has set a deadline of July 7, 2024, for Point of Sales (PoS) operators to register with the Corporate Affairs…