7 results
- 25 Jan 2026
Anambra Cuts Monday Pay to Kill Sit-at-Home
Anambra State will implement pro-rata salary payments for civil servants starting February 2026, targeting chronic Monday absenteeism from the long-running sit-at-home order, Information Commissioner…
- 30 Mar 2025
Uninsured Depositors of Heritage Bank to Receive Liquidation Dividends In April – NDIC
Depositors of Heritage Bank (in-liquidation) with balances exceeding the insured sum of ₦5 million will be paid from the sale of physical assets and debt recovery efforts soon, the Nigeria Deposit…
- 30 Mar 2025
NDIC Fixes April as Time Uninsured Depositors of Heritage Bank will Receive Liquidation Dividends
Depositors of Heritage Bank (in-liquidation) with balances exceeding the insured sum of ₦5 million will be paid from the sale of physical assets and debt recovery efforts soon, the Nigeria Deposit…
- 7 Sept 2009
Afren, Oriental, Addax Ink Deal on Okwok Field
Afren has extended its indigenous partnership in Nigeria with Oriental and formed its first Nigerian partnership with Addax Petroleum, to jointly develop the Okwok Field . Under the terms of…
- 27 Apr 2025
NDIC Begins Payment of N46Bn to Heritage Bank Depositors
Nigeria Deposit Insurance Corporation (NDIC) has said that it has commenced the payment of N46.6 billion from liquidation dividends to depositors of the defunct Heritage Bank. Hawwau Gambo, acting…
- 3 Oct 2025
NDIC Covers 99 Percent of Commercial Banks’ Deposits – MD
Nigeria Deposit Insurance Corporation (NDIC) currently provides full insurance cover for 98.98 percent of Deposit Money Banks’ total deposits, according to Mr. Thompson Sunday, managing director of…
- 23 Aug 2010
CBN to Invest N500 Billion in AMCON
With effect from January 2011, the Central Bank of Nigeria (CBN) is to invest N500 billion in Asset Management Corporation of Nigeria (AMCON) for a decade as the apex bank put the total deposits of…