Nigerians are worried that the activities of fraudsters in banks across the country may have overwhelmed banking operations despite efforts at curbing them. Gen Yakubu...
Securities and Exchange Commission (SEC) has directed shareholders of defunct Skye Bank plc to claim their dividend payment. The apex capital market regulator in its...
Vice President Yemi Osinbajo has expressed confidence in the ability of the new Board and Management of the NDIC led by Mrs Ronke Sokefun whom he...
The Senate Committee on Banking, Insurance and Other Financial Institutions has expressed a strong Commitment for the accelerated amendment of the Nigeria Deposit Insurance Corporation (NDIC)...
The Central Bank of Nigeria (CBN) has called for the abolition of shell banks in the country, saying they serve as institutions for money laundering. Shell...
There are ongoing moves by the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to get commercial banks and microfinance banks return to...
Central Bank of Nigeria (CBN) said it would publish the names of chronic bank debtors and waxed worriedly about the growing amount of non-performing loans in...
Nigeria Deposit Insurance Corporation (NDIC) has further reduced the deposit insurance premium rate to all Deposit Money Banks (DMBs) in Nigeria as part of efforts toward...
The Nigerian Deposit Insurance Corporation (NDIC) said it had recovered a cumulative sum of N25.31bn from debtors of Deposit Money Banks in liquidation as at the...
Nigeria Deposit Insurance Corporation (NDIC) said its safety net coverage has reached 98 per cent of the customers of the Deposit Money Banks (DMBs). Besides, it...
