58-YEAR-OLD MAN BEATS WIFE TO DEATH IN IMO. (PHOTO).

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 58-year-old man beats wife to death in Imo Operatives of the Ahiazu Mbaise Divisional Headquarters have arrested one Vitalis Nwoko (58), of Umuagba, Ahiazu Mbaise LGA, for the alleged murder of his wife, Uloma. The arrest followed a report lodged at the Division by the deceased’s sister, who alleged that the suspect violently assaulted his wife during a domestic dispute. Acting promptly on the report, operatives of the Division arrested the suspect. Confirming the arrest, the command’s spokesperson, SP Henry Okoye, said during preliminary investigation, the suspect stated that a misunderstanding between him and his wife on December 11th, 2025 escalated into a physical altercation, during which the victim collapsed. She was rushed to Cecilia Hospital, Ogbe, where she was confirmed de@d by a medical doctor. Okoye said the suspect has been transferred to the State Criminal Investigation Department (SCID), Owerri, for thorough investigation and prosecution. The Commissioner of Police,...
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HOUSE OF REP ASSURES PUBLIC ON HERITAGE BANK LICENSE REVOCATION+ SAYS EXTANT LEGISLATION ENSURES SAFETY OF DEPOSITOR'S FUNDS.(PHOTO). #PRESS RELEASE.

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 House of Representatives, National Assembly


Press Release

For Immediate Release


Abuja, Nigeria | June 3, 2024


House of Representatives Assures Public on Heritage Bank License Revocation


- Says extant legislation ensures safety of depositors' funds

- Urges CBN/NDIC to set up channels for public engagement


The House of Representatives is aware of the recent revocation of the license of Heritage Bank (under liquidation) by the Central Bank of Nigeria (CBN) and the appointment of the Nigeria Deposit Insurance Corporation (NDIC) as the liquidators, in accordance with the provisions of the Banks and Other Financial Institutions Act (BOFIA).


We assure the public, particularly depositors and stakeholders of Heritage Bank, that the House is committed to carrying out its constitutional oversight functions to ensure that this development does not negatively impact Nigerians. The relevant House Committees on Banking Regulations; and Insurance will be up to their duty, thoroughly examining the circumstances surrounding this decision and the subsequent steps taken by the NDIC.


Our priority is to safeguard the interests of all depositors and maintain the stability of the financial system. We will engage with the CBN, NDIC, and other relevant stakeholders to ensure a transparent and orderly resolution process, providing necessary support to mitigate any potential negative impact on the public.


Furthermore, we urge the CBN and NDIC to establish clear channels of communication to allay the fears of the public and prevent any loss of trust in our financial system. Effective public engagement is crucial to maintaining confidence during this period.


Chairman of the House Committee on Banking Regulations, Rep. Mohammed Bello El-Rufai, stated, "The Committee on Banking Regulations will closely monitor the liquidation process to ensure that the rights of depositors are protected and that the process adheres to the highest standards of transparency and accountability."


Similarly, the Chairman of the House Committee on Insurance and Actuarial Matters, Rep. Ahmed Usman Jaha, emphasised, "We will work diligently to oversee that the NDIC executes its mandate effectively, ensuring the protection of depositors' funds and maintaining confidence in the financial sector. The NDIC Act and the Banks and Other Financial Institutions Act (BOFIA) are clear in their provisions that depositors' funds are insured and protected."


We urge all depositors and stakeholders to remain calm and be assured of our dedication to protecting their interests.


Signed:


Rep. Akin Rotimi Jr.

House Spokesman / Chairman, House Committee on Media & Public Affairs

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