LAGOS JUNE 5TH (NEWSRANGERS)-Former Anambra Governor and the presidential candidate of the Labour Party in the last general election, Peter Obi, yesterday, said that the Central Bank of Nigeria’s (CBN) revocation of Heritage Bank’s operating licence, has a far-reaching impact on the bank’s depositors given the current hardship in the country. Obi, who stated this…
LAGOS JUNE 3RD (NEWSRANGERS)-In a move aimed at safeguarding the integrity of Nigeria’s financial system, the Central Bank of Nigeria (CBN) has taken the decisive step of revoking the banking license of Heritage Bank PLC. The action, effective immediately, comes in response to the bank’s persistent failure to improve its financial performance, posing a threat…
LAGOS JUNE 21ST (NEWSRANGERS)-A leading All Progressives Congress, APC governorship aspirant in the Anambra governorship election fixed for November 2021, Andy Uba, is currently swimming in trouble. He is said to be heavily indebted to bank. Though the exact amount Uba owns the bank has not been made available, a credible source stated that the…
LAGOS JUNE 13TH (NEWSRANGERS)-The Special Presidential Investigation Panel (SPIP) for the Recovery of Public Property says it has recovered seven dollars million (N2.1 billion at official rate) illegally stashed in Heritage Bank. Chairman of the panel, Mr Okoi Obono-Obla, disclosed this while briefing President Muhammadu Buhari on activities of the panel. Obono-Obla told the president…