TrendscopeNews

The mother of the Chairman and CEO of Afia Construction, Engr Abdul-Jelyl Adekunle Karheem Adanla, was on Saturday, 1st May, 2024, at her residence, N6A/522, Taiwo Street Polytechnic Road, Sango, Ibadan. Alhaja (Princess) Aolat Apinke Karheem Adanla passed away on Friday, 31st May, 2024, after a brief illness. The Janazah prayers in her honor, however, had in attendance her children, family and well wishers. One of Mama's children is Engr Abdul-Jelyl Karheem Adanla, the CEO of Afia Construction and the Turaki Adini of Oyo state. Engr Karheem is also the Mogaji of the Adanla Compound of Ibadan, the capital of Oyo state. Among those at the burial and Janazah prayers included the Chief Imam of Ibadanland and grand Imam of Oyo state, Maolana AL Khalifa of Maolana Sheik Uthmam Akanbi Olanase; the Arole Iba Oluyole and Baba Isale Musulumi of Ibadanland, Senior Chief Nurain Akanbi; Prof. K.K Olosho; Alhaji Alao Lateef and  the S.S.A to Governor Seyi Makinde on Islamic Affairs, Dr Abduljel

Heritage Bank Plc's license has been revoked by the Central Bank of Nigeria (CBN), the revocation takes immediate effect according to the Apex bank. This development was confirmed by TrendscopeNews.com in a report monitored on  thenationonlineng.net . The stated purpose of this decision was to uphold a sound and steady financial system, in accordance with Section 12 of the 2020 Banks and Other Financial Institutions Act (BOFIA). The revocation was carried out as a result of Heritage Bank's violation of Section 12(1) of BOFIA 20, according to a statement from the CBN made by Mrs. Hakama Sidi Ali, Acting Director, Corporate Communications. "The bank's Board and Management failed to improve its financial performance, posing a risk to the financial stability of the country. Despite various supervisory measures taken by the CBN to help the bank recover, Heritage Bank continued to struggle without any reasonable prospects of recovery," the apex bank stated. As required