Heritage Bank Plc in partnership with the Central Bank of Nigeria has set up plans to disburse a whopping sum of N41billion to farmers from 14 states for the expansion of wheat production project. The Bank, however, will register the wheat farmers with the Lagos Commodities and Futures Exchange (LCFE) for successful disbursement, as the…
Tags: CBN
Unity Bank Targets Women; Launches Yanga Account
In its bid to demonstrate increased commitment towards promoting financial inclusion and women empowerment, Nigeria’s retail lender, Unity Bank Plc has launched Yanga Account, a new retail product designed to deepen beneficial impact on Micro Small and Medium Enterprises, MSMEs operated by women in the mass market retail space. As a product targeted to boost…
Heritage Bank CEO wins Banker of Year SMEs & Agric 2021 award
Heritage Bank Plc, Nigeria most innovative service provider has been adjudged Banker of the Year 2021 under SMEs and Agric category, which was awarded to the MD/CEO of the Bank, Ifie Sekibo. The bank won the prestigious award at the New Telegraph 2021 Awards in recognition of its leadership position in delivering sterling development and…
Heritage Bank, CBN Adopts Novel Approach to Boost Wheat Production Capacity
In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria and Heritage Bank Plc have adopted a novel but more robust approach to boost local production and reduce dependence on importation. The partnership is basically to consummate Wheat Seed Multiplication Project in Jos as part of the…
Soludo Draws Anger of Imolites with ‘Imo Is Not Anambra’ Claim
Charles Chukwuma Soludo, the gubernatorial candidate of the All Progressives Congress (APGA) for the November 6, 2021, Anambra Election has drawn the anger of the people of Imos state. The 61year old over the weekend cast an unflattering light on Imo state. While courting supports for his ambition with the presentation of his 72-page Campaign…
ASCSN Transaction: Unity Bank Acted With Authority of Customer
Unity Bank Plc has denied claims by the Association of Senior Civil Servants of Nigeria (ASCSN) in Ogun State that its funds domiciled in the bank were mismanaged. The bank made this clarification in a statement released on Tuesday, stating that it has conducted an investigation into the transactions, which completely absolved it of any…
Sekibo Urges Govt., Stakeholders to Prioritise SMEs, Youth Entrepreneurship
Bridging the gap to attain sustainable solutions to economic recovery will be the most impactful route to drive lasting and meaningful growth; for this to be achieved, creation of opportunities, conscious inclusion of Small and Medium Enterprises and youth entrepreneurship are crucial. MD/CEO of Heritage Bank Plc, Ifie Sekibo gave this submission on the sidelines…
CBN Selects Technical Partner For Digital Currency Project
The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the Technical Partner for its digital currency, named eNaira, which is due to be unveiled later in the year. This development was disclosed in Abuja by the Governor of the Central Bank, Mr. Godwin Emefiele, who…
Opinion: Nigeria and Employment Racketeering
By Wole Arisekola In Africa, most especially the South-Western part of Nigeria, it is believed that when a mother hen is crying out to the world that an eagle stole its chic, it is not because it can do anything to retrieve it but to let the world hear its voice. It is very sad…
Bawa Warns Bank Chiefs against Fraudulent Election Financing, Forex Malpractices
The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has sought greater collaboration with financial institutions in the country as a way of tackling fraudulent election financing, foreign exchange malpractices and money laundering. Speaking on Thursday, August 19, 2021 during an interactive session with managing directors of banks in Nigeria at the…