Category: Business
NDIC Pledges to Refund Heritage Bank Customers Within a Week, States MD
The Nigerian Deposit Insurance Corporation (NDIC) says the payment of depositors in Heritage Bank will commence before the end of the week. The Managing [more…]
IMF Reports Nigeria’s Current Account Surges by $1.43 Billion
Nigeria’s current account balance has experienced a surplus of $1.432bn in 2024, according to a report by the International Monetary Fund (IMF). The [more…]
Heritage Bank Customers’ Path to Securing ₦5m Insured Funds: A Step-By-Step Guide by NDIC”
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Heritage Bank Plc. The insurer of depositors’ funds said this in a [more…]
CBN Takes Action: Heritage Bank’s Operating License Revoked”
The Central Bank of Nigeria (CBN), has revoked the banking licence of Heritage Bank Plc with immediate effect. A statement by the Ag. [more…]
Naira Rain: WEMA Bank Declare Winners In N10,000,000 Promo Season 3 Grand Finale Booty
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced 124 winners in the Grand Finale of the [more…]
FG Suspends $300 Helicopter Landing Levy After Protests
The Federal Government has announced a temporary suspension of the controversial $300 helicopter landing fee levied on helicopter operators. It would be recalled [more…]
Estate Planning: FBNQuest Trustees Plan One Day Clinic For Ibadan
FBNQuest Trustees, a subsidiary of FBNHoldings, and a leading provider of trust solutions to individuals, corporate entities, and government institutions, has concluded plans to host [more…]
The government assures there are no plans to unlawfully access workers’ savings and pension contributions
The Federal Government says there are no plans to “illegally access” workers’ savings and pension contributions. There were reports that the Federal Government [more…]
Legal Verdict: CBN’s Oversight on Gathering Customer Social Media Accounts Upheld by Court”
The Federal High Court in Lagos has ruled that a regulation by the Central Bank of Nigeria (CBN) mandating financial institutions to request and gather [more…]
ALX Storm Campuses With Digital Skills Driven Career Campaigns
ALX Nigeria, a leading tech accelerator has embarked on a dynamic journey across multiple universities in Nigeria fostering awareness and offering students unparalleled opportunities to [more…]