Heritage Bank
Reps ask CBN to probe Heritage Bank management
The House of Representatives, on Tuesday, waded into the crisis rocking Heritage Bank Plc, which prompted the Central Bank of Nigeria to withdraw the bank’s operating licence recently. The apex bank had on June 3, 2024, in a statement signed by its acting Director, Corporate Communications, Mrs Hakama Ali, attributed the decision to the failure […]
CBN Revokes Heritage Bank’s License Over Financial Instability
The Central Bank of Nigeria (CBN) has announced the immediate revocation of Heritage Bank Plc’s banking license due to the bank’s poor financial performance, which threatened financial stability. Sidi Ali, the Acting Director of Corporate Communication at CBN, made this announcement in a statement released on Monday. Despite various supervisory interventions by the CBN, Heritage […]