banking license
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Nigeria CBN Dispels Rumors, Affirms No License Revocations for Four Major Banks
The Central Bank of Nigeria has confirmed there are no plans to revoke the licenses of Fidelity, Wema, Polaris, and Unity Banks. The CBN reassures the public of the banking system's resilience and safety of deposits, despite recent rumors and the revocation of Heritage Bank's license. The... -
Nigeria Apprehension as CBN Revokes Heritage Bank License Amid Financial Struggles
Heritage Bank's license was revoked by CBN following NDIC visit, citing financial regulation breaches. Exclusive report reveals bank's struggles and impending takeover. Concerns over Nigeria's banking sector stability grow. In a decisive move, the Central Bank of Nigeria (CBN) has revoked the...
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