ARSENAL STARS ‘THINK VINICIUS JR TRANSFER IS A DONE DEAL’ AS BRAZILIAN ‘REJECTS’ REAL MADRID OFFER. (PHOTO).

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 Arsenal stars ‘think Vinicius Jr transfer is a done deal’ as Brazilian ‘rejects’ Real Madrid offer Arsenal players reportedly believe Real Madrid forward Vinicius Junior is heading to the Emirates, with the potential move described as a "done deal" inside Mikel Arteta’s dressing room. According to Diario AS, Arsenal sporting director Andrea Berta has told some players the club is pushing to sign the Brazilian. Arteta is also said to have spoken with Vinicius about the role he could play in Arsenal’s ambitions. The speculation comes amid stalled contract talks with Real Madrid. Reports claim Madrid are unwilling to meet Vinicius’ wage demands. The winger is reportedly seeking a deal comparable to Kylian Mbappé’s reported £500,000-per-week salary, while Madrid’s offer is closer to £360,000 per week. Madrid’s stance is said to be that “no player is bigger than the club,” leaving an agreement uncertain and opening the door to a Premier League move. If it happens, the transfer wo...

CBN REVOKES LICENCE OF HERITAGE BANK. (PHOTO).


 CBN revokes licence of Heritage Bank


The Central Bank of Nigeria, CBN, has revoked the operating licence of Heritage Bank.


The Acting Director, Corporate Communications, CBN, Hakama Sidi Ali, disclosed this in a statement.

She said: “The Central Bank of Nigeria, CBN, in accordance with its mandate to promote a sound financial system in Nigeria and in exercise of its powers under Section 12 of the Banks and Other Financial Act (BOFIA) 2020, hereby revokes the licence of Heritage Bank Plc with immediate effect.


‘This action has become necessary due to the bank’s breach of Section 12 (1) of BOFIA, 2020.


“The Board and Management of the bank have not been able to improve the bank’s financial performance, a situation which constitutes a threat to financial stability.


“This follows a period during which the CBN engaged with the bank and prescribed various supervisory steps intended to stem the decline.


“Regrettably, the bank has continued to suffer and has no reasonable prospects of recovery, thereby making the revocation of the license the next necessary step.


“Consequently, the CBN has taken this action to strengthen public confidence in the banking system and ensure that the soundness of our financial system is not impaired.


“The Nigeria Deposit Insurance Corporation (NDIC) is hereby appointed as the Liquidator of the bank in accordance with Section 12 (2) of BOFIA, 2020.


“We wish to assure the public that the Nigerian financial system remains on a solid footing. The action we are taking today reflects our continued commitment to take all necessary steps to ensure the safety and soundness of our financial system.”

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