• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

‘This is the last chance’ Reps warn Heritage bank ahead of move to order CBN to take over

Freelanews by Freelanews
October 22, 2021
in Business
0
HOUSE OF REPS PS

A House of Representatives committee has threatened to ask the Central Bank of Nigeria (CBN) to take over Heritage Bank’s operations due to suspected federal government debt.

At its meeting on Thursday, the ad hoc committee investigating the status of all seized loots, moveable and immovable assets from 2002 to 2020 stated this.

Adejoro Adeogun, chairman of the committee, stated during the meeting that if the bank does not show next Wednesday, the committee will not hesitate to exercise constitutional powers against it.

“I need to send this message to Heritage Bank that we are not comedians here and we are not joking here. If Heritage Bank is owing Nigeria more than its share capital, we will not hesitate to ask the national assembly to write to CBN to take over Heritage Bank,” Adeogun said

“They cannot be owing more than their share capital, sit on it and feel too big to respond to invitations from the national assembly. Clark, you have to write to them, giving them till Wednesday next week. That is the last time we are going to give them.”

The committee had also threatened to issue a warrant of arrest on the managing director of Polaris Bank for non-appearance to account for over $32 million unremitted funds it owed the Nigerian National Petroleum Corporation (NNPC).

freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

Stanbic ibtc bank building
Business

‘Not good’ Record fall in employment as activity continues to decline, report says

by Freelanews
July 12, 2020
WhatsApp Image 2024 06 07 at 09.00.141
Business

AGUSTO & CO upgrades Wema bank’s rating to Bbb+ with ESG score of 2

by Oreoluwa Ojelabi
June 7, 2024
Professor Barth Nnaji, Bullion Lecture, Nigeria energy sector, Nigeria $1-trillion economy, energy sector reform
Business

Professor Barth Nnaji to deliver 2025 bullion lecture on Nigeria’s $1-Trillion economy vision

by Quadri Olaitan
April 3, 2025
VK5DW35NEBMOPPUN7CUQRAREHU scaled
Business

‘Where the dust settles’ Fed wants to cool the U.S. housing market

by Freelanews
May 2, 2022
thumbnail.jpg6
Sustainability

‘Don’t be discouraged’ 15yr old Otong Paul emerges 2022 UBA Foundation NEC winner

by Rtn. Victor Ojelabi
November 15, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.