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The Nigeria Deposit Insurance Corporation (NDIC) has commenced payment to depositors of 46 microfinance banks whose operating licenses were revoked by the Central Bank of Nigeria, including over 700,000 Heritage Bank depositors.
Midwest Heritage Bank has reportedly built a stake in the Dimensional Core Plus Fixed Income ETF, indicating a strategic investment in fixed-income assets.
The Nigeria Deposit Insurance Corporation (NDIC) has commenced payouts to depositors of 46 failed microfinance banks. The corporation also stated that over N106 billion has been paid to Heritage Bank depositors.
Depositors of the defunct Heritage Bank have appealed to Nigerian President Bola Tinubu and Central Bank Governor Olayemi Cardoso for a swift and full reimbursement of their trapped funds.
A semi-truck crash near the Heritage Bank Center in downtown Cincinnati around 6:50 PM sparked a fire under an I-71 overpass, leading to the closure of several overpasses and roadways.