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BREAKING: CBN Withdraws Licences of Aso Savings, Union Homes
– The Central Bank of Nigeria (CBN) has withdrawn the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc.
In a statement issued Tuesday, the apex bank said the action followed persistent regulatory breaches and worsening financial conditions at the two mortgage institutions.
The CBN explained that the revocation was carried out under Section 12 of the Banks and Other Financial Institutions Act (BOFIA) 2020 and Section 7.3 of the Revised Guidelines for Mortgage Banks in Nigeria.
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2025 Service Awards: You’re our strenght – Lubasch tells Julius Berger workers
The nation’s leading engineering construction company, Julius Berger Nigeria PLC has honoured 598 employees for their dedicated service spanning 10 to 45 years during its annual Long Service Award ceremonies held nationwide on December 5–6. Managing Director and CEO, Engr. Dr. Peer Lubasch has described the company’s workers as the reason for the company’s valuable…
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Julius Berger has done a very beautiful job on Bodo-Bonny Road – Tinubu
President Bola Ahmed Tinubu has hailed leading engineering construction company, Julius Berger Nigeria PLC for the extent and quality of work done on the 35.7km Bodo-Bonny Road project, saying that at the end of the job, Nigerians will be proud and feel safer to ply the legacy road. Read Also: Represented by the Minister of Works, Engr…
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Cadbury Nigeria Plc Confirms Director’s Resignation
Cadbury Nigeria Plc has formally notified the Nigerian Exchange Group (NGX) of the resignation of one of its Directors. In a corporate disclosure filed with the NGX, the company stated that the resignation takes effect in December 2025. The move is part of ongoing corporate governance adjustments within the organization. Cadbury Nigeria Plc, a leading…