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Business

NDIC Switches From Remita To NIBBS For Defunct Heritage Banks Customers’ Settlement

The Nigeria Deposit Insurance Corporation (NDIC) has announced the adoption of the Nigeria Inter-Bank Settlement System (NIBSS) for payment of insured depositors of the...

Business

What CBN’s Revocation Of Heritage Bank’s License Mean For Depositors

The Central Bank of Nigeria (CBN) on Monday took a significant step to ensure stability in the banking sector by revoking the license of...

Business

JUST-IN: NDIC Begins Liquidation Of Heritage Bank After CBN’s Revocation Of Operational License

Following the revocation of the banking license of Heritage Bank Plc by the Central Bank of Nigeria (CBN, and the appointment of the Nigeria...

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