Turkey and the United States have finalized a significant deal for the sale of F-16 warplanes, valued at $23 billion, following extensive negotiations and Washington’s approval.…
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Countries worldwide are wrestling with the challenge of effectively taxing the digital economy. Many have implemented or are considering digital services taxes to ensure tech giants,…
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…
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…