PORTABLE BREAKS DOWN IN TEARS AND APOLOGIZES AGAIN FOR SLAPPING PREACHER. (VIDEO/PHOTO).

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  Portable breaks down in tears and apologizes again for slapping preacher Controversial singer Habeeb Okikiola, widely known as Portable, broke down in tears as he issued yet another apology following a confrontation with a preacher outside his bar. The singer's apology, which is his second in a row, comes after gospel singer Testimony Jaga gave Portable a three-day ultimatum to apologize to the pastor or face unspecified consequences. The controversial street star explained that his reaction was due to a past traumatic experience involving his sister, who was once attacked by someone posing as a pastor. He added that he would not have slapped the preacher if he knew he was a "true man of God." However, in a recent video, Portable is seen on his knees crying profusely, as he expressed remorse for his actions against the preacher. The singer was surrounded by several people at his bar who were chanting "God is King. Jesus is here."  "I want to say this to a
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CBN REVOKES LICENCE OF HERITAGE BANK. (PHOTO).

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 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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