Adia Sowho, Chief Marketing Officer at MTN Nigeria, has stepped down after nearly three years in the role. Ugonwa Nwoye, currently Chief Customer Relations Officer, will…
Browsing: Business
On Wednesday, frustrated customers of Heritage Bank gathered at the bank’s Calabar branch, demanding the return of their deposits. The agitated crowd, which began assembling as…
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has weighed in on the recent revocation of Heritage Bank’s license by the CBN.…
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…
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…
The World Bank has approved a $250 million International Development Association (IDA) credit to support Ghana’s five-year Financial Stability Project. This initiative is designed to enhance…
African leaders are calling for urgent reforms to the global financial system, which they argue unfairly penalizes African nations with exorbitant borrowing rates. This demand was…