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BUSINESS

JUST IN: CBN revokes Heritage Bank’s licence

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 […]

todayJune 3, 2024 5

POLITICS

JUST IN: CJN summons Chief judges over Kano emirate tussle

The Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola, has summoned the Chief Judges of the Federal High Court and the Kano State High Court in response to the recent legal turmoil surrounding the Kano Emirate. This summons follows the issuance of conflicting interim injunctions by the two courts, which have created significant uncertainty and tension within the state. The conflicting rulings have intensified the ongoing legal and political disputes […]

todayMay 29, 2024 3

POLITICS

JUST IN: Court dismisses Shaibu’s request to void Ighodalo’s candidacy

A Federal High Court in Abuja has dismissed a lawsuit brought by the impeached deputy Governor of Edo State, Phillips Shaibu, seeking to nullify the February 22, governorship primary of the Peoples Democratic Party in the state. Asue Ighodalo was declared the winner of the party’s governorship primary election, which took place in Benin City. In his judgment, Justice James Omotosho on Monday stated that Shaibu did not have the legal standing […]

todayMay 27, 2024 2

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