The Central Bank of Nigeria has denied plans to revoke the licenses of Unity Bank, Polaris Bank, and Keystone Bank. “The content is fake and not from the CBN.” Online reports had claimed that the apex bank would terminate the…
CBN revokes Heritage bank’s operating licence
The Central Bank of Nigeria (CBN), has revoked the banking licence of Heritage Bank Plc with immediate effect. A statement by the Ag. Director, Corporate Communications of the Appex bank, Hakama Ali, on Monday, said the move was under its…
Naira scarcity not deliberate policy to stifle Nigerians — Minister
Nigerians facing the frustrating bite of naira scarcity received assurances from the government Thursday, with Information Minister Mohammed Idris acknowledging the hardship and promising improvement in the new year. In a briefing on President Bola Tinubu’s administration’s achievements, Idris addressed…