
Nigeria Deposit Insurance Corporation (NDIC) has responded to technological innovations and applications in financial services with the establishment of a new “Fintech and Innovations unit” to...

Nigeria Deposit Insurance Corporation (NDIC) said it will today (February 3) commence claims verification for depositors of the three Micro Finance Banks and Primary Mortgage Banks...
Yemi Osinbajo, vice president, has urged banks to rethink on their method of managing risks in the sector because the use of huge bailout funds may...

Nigeria Deposit Insurance Corporation (NDIC) said it has paid a total sum of N116.258billion to depositors and customers of defunct banks last year. Alhaji Umaru...

The Nigeria Deposit Insurance Corporation, NDIC, has disclosed that the increased sophistication of cybercrime and the proliferation of Ponzi schemes were major challenges it is facing...

The Nigeria Deposit Insurance Corporation (NDIC) has become the first public sector organization in Nigeria to be awarded three International Standards Organization (ISO) certifications by the...

Nigeria’s External Reserves is steadily growing and currently stands at 46 billion dollars, according to Isaac Okoroafor, spokesman, Central Bank of Nigeria (CBN). Okoroafor, said...

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...

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...