Nigeria Deposit Insurance Corporation (NDIC) said it is ready to pay uninsured creditors, depositors and shareholders of 14 closed banks their liquidation dividends. In a release...
Dr Bayo Olugbemi, president, Chartered Institute of Bankers of Nigeria (CIBN) has called on the Nigeria Deposit Insurance Corporation( NDIC) to partner with the Institute to...
Senate has passed the Asset Management Corporation of Nigeria Amendment (AMCON) bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions....
The Function Suite of Sheraton Hotel, Lagos, welcomed the crème-de-la-crème of the financial services sector on March 31, 2021 during a high-impact business forum for key...
Nigeria Deposit Insurance Corporation (NDIC) is to go tough on debtors of failed banks, according to Mr. Bello Hassan, new managing director of the organization. Hassan,who...
Banks in the country lost over N5 billion to fraudsters within a nine-month period in 2020, according to Nigeria Deposit Insurance Corporation (NDIC). Mrs Omotola Abiola-Edewor,...
Securities and Exchange Commission (SEC) has disclosed over three million Nigerians have lost about N18 billion to Ponzi schemes and several other illegal investment schemes. It...
Investment and Securities Tribunal (IST) has ordered the Nigeria Deposit Insurance Corporation (NDIC) to pay a subscriber to an aborted initial public offering (IPO), in a...
Central Bank of Nigeria (CBN) has said 874 microfinance banks have licences to operate in the country. It listed the names of the MfBs in its...
The federal government has perfected ways to borrow funds from unclaimed dividends and dormant bank account balances unattended to for at least six years, thanks to...
