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Heritage Bank Pledges To Finance Agricultural Growth

Heritage Bank Pledges To Finance Agricultural Growth   Heritage Bank Plc has said it is committed to leading the way in agricultural financing in the country. The Divisional Head, Corporate Communications, Heritage Bank, Mr. Fela Ibidapo, was quoted in a statement as saying that the bank would...

EFCC charges Heritage Bank MD, Sekibo, To Court Over Alleged N605m Fraud

EFCC charges Heritage Bank MD, Sekibo, To Court Over Alleged N605m Fraud     The Economic and Financial Crimes Commission has charged the Managing Director of Heritage Bank, Ifiesimama Sekibo, before the Federal High Court in Lagos for an alleged fraud of N605,321,051.05. Joined with Sekibo in the...

Court, CBN Asked to Wind Up Heritage Bank Over Insolvency, Distress

The Federal High Court in Abuja and the Central Bank of Nigeria (CBN) have been asked to wind up and revoke the operational licence of the Heritage Bank over an alleged state of financial insolvency of the financial institution. The court and CBN were asked...

Heritage Bank Sacks 400 Staff

Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December. News Agency of Nigeria reported that more workers are penciled for sack. The bank, in October 2014, acquired Enterprise Bank with about N56 billion (281 million dollars). A top management source...

CBN: Heritage Bank Not Distressed

The Central Bank of Nigeria (CBN) said Heritage Bank Plc is not currently in distress as being falsely insinuated by some online media. The central bank noted that there had been “false and malicious stories on the social media insinuating that Heritage Bank is under...

CBN Consents Heritage, Enterprise Banks Merger

Bank of Nigeria (CBN) has consented to the merger between Heritage and Enterprise banks following the approval of the merger by the Federal High Court. The approvals came on the heels of the bid won by Heritage bank for the acquisition of Enterprise Bank...