Multichoice Group, South African Pay-TV operator, has announced that it has written off N31.6 billion ($21 million) in cash that was held with the recently liquidated...
Nigeria Deposit Insurance Corporation (NDIC) has commenced process for the sale of landed properties and chattels of failed Heritage Bank, in a bid to ensure timely...
Nigeria Deposit Insurance Corporation (NDIC), has strengthened its partnership with the judiciary aimed at enhancing the prosecution of failed banks, according to Bello Hassan, managing director...
Nigeria Deposit Insurance Corporation (NDIC) has said that it has successfully disbursed insured deposits of up to ₦5 million each to 82.36% of customers of the...
Nigeria Deposit Insurance Corporation (NDIC) has said it will, in conjunction with law enforcement agencies, commence investigation of directors, managers and staff of the defunct Heritage...
Nigeria Deposit Insurance Corporation (NDIC) has said that account names discrepancies in Bank Verification Number (BVN) linked alternate account of some defunct Heritage Bank customers is...
Central Bank of Nigeria (CBN) yesterday, reassured members of the banking public of the safety of their deposits and the banking system’s resilience. The apex...
Nigeria Deposit Insurance Corporation (NDIC) has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses...
Nigeria Deposit Insurance Corporation (NDIC) said it has reported 10 high-profile banking infractions to the Economic and Financial Crimes Commission (EFCC) for investigations. The NDIC also...
Nigeria Deposit Insurance Corporation (NDIC), has said that Savannah Bank is not liquidated. It consequently urged depositors of the bank to keep their account documents, as...
