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JUST IN: CBN revokes Heritage Bank licence

The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc, one of the depositing banks, with immediate effect. This was contained in a press release signed by Mrs Hakama Sidi Ali, Acting Director, Corporate Communications, CBN, on Monday, 3rd June 2024. The press release titled ‘CBN REVOKES THE BANKING LICENCE OF…

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Cardoso says CBN not in charge of crypto regulation

The governor of Central Bank of Nigeria asserts that the Securities and Exchange Commission is in charge of overseeing cryptocurrency regulations. The governor did, however, state that the central bank will work with the authorities in charge of the Nigerian cryptocurrency industry and law enforcement. The governor of the Central Bank of Nigeria, CBN, Yemi…

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