The Central Bank of Nigeria (CBN) on Monday revoked the license of Heritage Bank Plc with immediate effect. This decision, the bank said, was to maintain a stable and healthy financial system as authorised under Section 12 of the Banks and Other Financial Institutions Act (BOFIA) 2020. A statement from the CBN by Mrs. Hakama […]
The post CBN wields the big stick; revokes Heritage Bank’s operating license first appeared on Business Hallmark.