How Heritage Bank’s N2bn loan boosted Triton’s frozen foods export
Less than two years after Heritage Bank and the Central Bank of Nigeria (CBN) disbursed loan for building a N2 billion processing facility for Triton fish/chicken in Oyo state, the firm has commenced export of all kinds of frozen foods…
Heritage Bank drives ‘HB Lab’ tech start-ups’ winners with $40,000 grants
Heritage Bank Plc, has redeemed its support pledge of $40, 000 grants to winners of the maiden edition of HB Innovative Lab. Business Hilights recalls that the maiden edition of Heritage Bank Innovation Lab Accelerator programme (HB-LAB) tagged, ‘Demo Day,’…
Aso Savings may collapse like other 158 MFBs if FG recovers all held funds—Analysts
Not up to one month after the Central Bank of Nigeria (CBN) disclosed that about 182 financial institutions including 158 Micro Finance Banks (MFBs) and 22 Finance Houses have collapsed and their licences withdrawn, there are fears that one of…
NASS may summon Adeosun over Heritage, Aso Savings breach on TSA
Barely one month after the resignation and running away from the country over confirmation of forgery relating to her NYSC Exemption Certificate, indication emerged weekend that a time shall come when the former Minister of Finance, Mrs. Kemi Adeosun will…
Will Heritage Bank sink if it remits money collected on behalf NPA to TSA?
The pursuit of Heritage Bank by the Nigerian Ports Authority (NPA) over the remittance of revenue funds collected on its behalf which started since the emergence of Hadiza Bala Usman as the managing director of the agency is becoming endless…
If moving NPA’s $21.3m to TSA from Heritage Bank’ll cause stress, then…
Since the managing director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has revealed at the resumed hearing at the House of Representatives that Heritage Bank’s reason for not remitting the money ($21.3m) is that “if such a huge withdrawal…
Some banks in trouble as FG begins audit of TSA remittances by banks
Indication has emerged that even though the federal government recently sought and got out of court settlement in a suit it instituted against seven banks over their alleged infractions in their compliance to the Treasury Single Account (TSA), it has…
NPA’s $21m for TSA still trapped at Heritage Bank—-Bala-Usman
Fresh indication has emerged from the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala-Usman that upon joint efforts made by the agency and the Central Bank of Nigeria (CBN), since she was appointed about a year ago, Heritage Bank…
