BREAKING: NDIC Disburses N5m Each to Defunct Heritage Bank Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has disbursed N5 million each to 82.36% of the depositors of the now-defunct Heritage Bank. However, 17.64% of the insured deposits are still pending, primarily due to issues such as Post-No Debit instructions on accounts or missing Bank Verification Numbers (BVNs). EKO HOT BLOG reports … Read more

BREAKING: CBN Strips Renowned Bank Of Operating License

Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has revoked the operating license of Heritage Bank, a prominent commercial bank in Nigeria. This development was announced in a statement released on Monday, June 3, by Ag. Director, Corporate Communications, CBN, Hakama Sidi Ali. According to her, the CBN, in line with its … Read more