CBN REVOKES OPERATING LICENSES OF ASO SAVINGS AND LOANS PLC AND UNION HOMES SAVINGS AND LOANS PLC. (PHOTO).

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 CBN Revokes Operating Licenses of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc The Central Bank of Nigeria (CBN) has revoked the operational licenses of two primary mortgage banks, Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing multiple regulatory violations and financial distress. In a press release issued today, the CBN stated that the action was taken 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. The move is part of broader efforts to reposition the mortgage sub-sector and enforce compliance with laws and regulations. The affected institutions were found to have breached various provisions, including: - Failure to meet the minimum paid-up share capital requirement for their license category. - Having insufficient assets to cover liabilities. - Being critically undercapitalized, with capital adequacy ratios below the CBN's prudent...
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JOAN RIVERS,IS A FASHION FELON.

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Feeling festive: Joan Rivers wore a pair of lurid green socks as she went for a walkabout in New York on Friday        The fashion police host was wearing green socks with hairs and it makes her looks like an alien,that is hiding her identity but the men and women in black,bursted these alien because she would have known better .She was caught in the act,when she was taken a stroll in New York.More photos below.                                Call the Fashion Police: But it is unlikely her co-stars would not have anything to say about her hosieryKnee bother: Joan did not seem overly concerned by the stares from passersby as she strolled along

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