A failed attempt to trigger a run on banks
Fidelity Bank's 2023 Profit Before Tax grew by 131.5%, driven by robust earnings and strategic growth initiatives, ensuring strong shareholder ...
Tag: Heritage Bank
Multichoice Group has an account balance of N31.6 billion with Heritage Bank
Multichoice Group, owners of DSTV, had an account balance of N31.6 billion with Heritage Bank, before the bank’s liquidation.
Nigerian banks pay N166.4 billion to NDIC as Deposit Insurance premium in 2023
Nine publicly listed commercial banks paid a sum of N166.4 billion as deposit insurance premium to the Nigerian Deposit Insurance ...
Heritage Bank: NDIC to begin payment to 2.3 million depositors this week
The Nigeria Deposit Insurance Commission (NDIC) says it will begin payment to 2.3 million depositors of the Heritage bank this ...
Heritage Bank: Another one bites the dust by Joseph Edgar
The CBN revoked its license, with a lot of depositors' funds at risk, including one customer reportedly losing about N11 ...
Heritage Bank closure: Peter Obi demands FG pays back depositors’ funds immediately
Peter Obi, the Labour Party’s presidential candidate from the last election, has urged the federal government and the Nigeria Deposit ...
Unlike Emefiele, Heritage Bank closure shows Cardoso’s CBN is willing to let banks fail
In a surprise move, the Central Bank of Nigeria (CBN) announced it has revoked Heritage Bank's operating license, effectively closing ...
NDIC to use BVN to verify, pay customers of Heritage Bank up to N5 million
The Nigeria Deposit Insurance Corporation (NDIC) has said that it has started the liquidation process of Heritage Bank Plc following ...
Heritage bank faces allegations of unfair labour practices
ASSBIFI has issued a threat to mobilize its affiliate trade unions and workers to picket the head office of Heritage ...
Heritage Bank leveraging technology to promote financial inclusion for inclusive growth
The MD/CEO of Heritage Bank, Ifie Sekibo, affirmed that banks cannot push financial inclusion unless they also push secured technology ...
