Nigeria Deposit Insurance Corporation has announced its readiness to pay a second liquidation dividend of N24.3 billion to depositors of Heritage Bank Limited whose balances exceeded …
Tag:
FinancialStability
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Economy
Bank Recapitalisation To Fuel Bullish Capital Market In 2026 – CBN
by StakeBridgeby StakeBridge 3 minutes readThe Central Bank of Nigeria expects the country’s capital market to remain bullish in 2026, driven largely by the ongoing bank recapitalisation programme, improving investor confidence …
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GovernanceNews
NDIC Notifies Depositors Of ASO, Union Homes As Liquidation Begins
by StakeBridgeby StakeBridge 3 minutes readThe Nigeria Deposit Insurance Corporation (NDIC) has issued a formal notice to depositors of ASO Savings and Loans Plc and Union Homes Savings and Loans Plc …
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FeatureGovernanceNews
CBN Withdraws Licenses Of Aso Savings, Union Homes
by StakeBridgeby StakeBridge 2 minutes readNigeria’s mortgage banking space has recorded a major regulatory shake-up as the Central Bank of Nigeria (CBN) revoked the operational licenses of Aso Savings and Loans …