Tag:
Heritage
News
NDIC Auctions Heritage Bank’s Assets, Moves to Repay Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has successfully auctioned off the assets of the defunct Heritage Bank, a move aimed at reimbursing depositors with...
Culture
Kizz Daniel Urges Nigerians to Appreciate Their Heritage Despite Challenges
In a heartfelt message to Nigerians, popular singer Kizz Daniel has urged his fellow citizens to appreciate the privilege of being Nigerian, despite the...
Business
MultiChoice Loses $21m Deposited With Heritage Bank
South African entertainment giant, MultiChoice Group, has suffered a $21 million (₦31.6 billion) loss following the liquidation of Heritage Bank in Nigeria. The financial hit...
Business
NDIC Set to Auction Heritage Bank Assets from December 4
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will begin the sale of Heritage Bank’s assets on December 4, 2024. This decision follows...
Sports
From Justin To Nnamdi: Nigerian-American Footballer Embraces Nigerian Heritage by Adopting Traditional Name
Justin Madubuike, the standout defensive tackle for the Baltimore Ravens, has announced that he will now go by his Nigerian-given name, Nnamdi. This decision reflects...
Business
BVN Troubles: NDIC Explains Delay in Paying Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has identified account name discrepancies in Bank Verification Number (BVN) linked to the alternate accounts of some defunct...
Opinion
Why CBN is As Guilty As Heritage Bank’s Board, Management
The recent revocation of Heritage Bank's license by the Central Bank of Nigeria (CBN) and the subsequent decision by the Nigerian Deposit Insurance Corporation...
Business
Revocation: NDIC Begins Heritage Bank Liquidation, Depositors’ Repayment Capped At N5million
Subsequent to the revocation of the banking license of Heritage Bank by the Central Bank of Nigeria, on Monday, the Nigeria Deposit Insurance Corporation...