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The Federal Capital Territory (FCT) Minister, Nyesom Wike, has approved the revocation of 4,794 land titles due to non-payment of ground rent. The Minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka made this known during a media briefing in Abuja. He explained that the affected properties are located in key areas of Abuja, including Garki I and II, Wuse I and II, Asokoro, Maitama, and Guzape. […]
The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability. The apex bank’s Acting Director of Corporate Communication Department, Sidi Ali, disclosed this in a statement on Monday. According to the CBN, the bank’s management has been unable to stem the decline despite various […]
