Innovation: Heritage Bank Powers Innovation With Sandbox Launch

  Two years ago, the idea of sandboxes was alien to the innovation space in Nigeria. And after the draft regulation for sandboxes instituted by the Central Bank of Nigeria (CBN), the Financial Services Innovators (FSI), a community of FinTech enthusiasts, launched the Nigerian Industry Innovation Sandbox in 2019. Read more about FinTech Sandboxes are […]

Nigeria Today: Top 5 News Stories, Friday, Oct 21, 2016

To regain its share in the global oil market, NNPC offers discounts on crude oil. President Buhari has released names of 46 ambassadorial nominees to the Senate. The militant group, Niger Delta Avengers, have pulled out of dialogue proposed by the Federal Government. The House of Representatives investigates PHCN on electricity bills and sale of non-core […]

e-Piggy: The solution to Getting and Saving Your Change

One of the most tedious things about buying things in Nigeria is getting your exact change after a purchase. Getting change from retailers can be taxing and time wasting, often resulting in you leaving it behind or buying what you don’t need to compensate. Realizing this need, e-Piggy, in partnership with Interswitch, Verve, Quickteller and Heritage Bank, has […]

Heritage Bank Opens New Experience Centre on Awolowo Road, Ikoyi Lagos

  Heritage Bank has just opened a new Experience Centre on Awolowo Road in Ikoyi, Lagos State. During its commissioning, Robert Mbonu, the Executive Director, Enterprise Management, Heritage Bank described this move as a continuation of the bank’s unique banking services aimed at improving the bottom-line of its numerous customers. The Experience Centre is a […]

Heritage Bank, Pan Atlantic University Host SMEs in Growth Conference

Heritage Bank has partnered with the Enterprise Development Centre (EDC) of the Pan Atlantic University (PAU) to organize EDCs 7th, SMEs annual conference. The theme of this year’s conference is: “Models, Markets, Money – Positioning Your Organisation,” and will hold on September 25th, at EDCs Pan Atlantic University’s campus. In a statement by the Group […]

Heritage Bank Reiterates Vow to Return Trapped Deposits in Societe Generale

Heritage Bank has announced again that it will refund 100% of customers’ deposits trapped in the defunct Societie Generale Bank of Nigeria, SGBN, if proof of such is provided. The Managing Director of the Bank, Ifie Sekibo made this known when he visited the Goveronor of Lagos State, Babatunde Fashola, at his office in Alausa, […]

Heritage Bank Expresses Interest in Supporting Entertainment Industry

Heritage Bank has revealed plans to work with the Nigerian entertainment industry to develop a funding model. Ifie Sekibo, Chief Executive Officer, Heritage Bank, made this known during the Heritage MSME Clinic, regarding the willingness of the bank to help promote development in the entertainment industry, and the modalities for funding the industry. Sekibo noted […]

World Bank: Climate Resilience and Low-Carbon Growth Critical for Nigeria’s Economic Future

Nigeria’s economy can be made more climate-resilient and less carbon-intensive without foregoing growth, argue two new World Bank reports: “Toward Climate-Resilient Development in Nigeria” and “Low-Carbon Development Opportunities for Nigeria,” released this week. These studies are the fruit of a two-year long collaboration between the World Bank and the Government of Nigeria to address the challenges […]

Heritage Bank Deploys Finacle, a Core Banking Software

Heritage Bank has announced its deployment of Finacle, a core banking software package developed by Infosys. The software would be useful for retail banking operations, and other verticals in that area of banking. It released a statement over the weekend about the new technology, showing its readiness for the financial climate in the country. According […]

Heritage Bank Introduces Zero CoT Charge

New regional bank, Heritage Bank, licensed to operate in South-West and South-South Nigeria, has introduced zero Commission on Turnover (CoT) charge, and plans to open ‘Experience Centers’ in Abuja and Port Harcourt, to add to the branches already operating in Lagos and Ibadan. The commercial bank, looking to compete with existing national banks, is introducing […]