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...
In a world increasingly reliant on digital solutions, financial security stands paramount. Recognizing this critical need, OPay, Nigeria’s leading mobile money platform, which was recently applauded...
The Securities and Exchange Commission (SEC) has said Nigeria has the potential to join the leading global Islamic finance jurisdictions. Mr. Lamido Yuguda, Director General, SEC,...
Nigeria Deposit Insurance Corporation (NDIC) has paid N1.7 billion to over 42,000 customers of failed banks, according to Bello Hassan, managing director/CEO of the corporation. Hassan...
Nigeria Deposit Insurance Corporation (NDIC), is prepared to wield the big stick in its ongoing efforts to recover over N400 billion owed by debtors of failed...
Nigeria Deposit Insurance Corporation (NDIC), has said that over N120.532 billion liquidation claims has been paid to 545,269 depositors, creditors and shareholders of failed financial institutions...