The Nigeria Deposit Insurance Corporation, NDIC, urged for more collaboration with enforcement agencies to tackle the menace of insider abuses and malpractices in financial institutions. Bello...
Deposit Money Banks (DMBs) in Nigeria recorded a total loss of N468.42 million dues to fraudulent activities in the first quarter of 2024, according to Financial...
The Nigeria Deposit Insurance Corporation, NDIC, has warned traders and business owners from patronising wonder banks and ponzi schemes. Managing Director/Chief Executive, NDIC, Bello Hassan gave...
A report by the Financial Institutions Training Centre (FITC), has disclosed that Bank customers in Nigeria lost over one billion naira to Banks’ branch and mobile...
The Nigeria Deposit Insurance Corporation has said it does not insure investment with fund managers. Bashir Nuhu, Director, Communication & Public Affairs Department, NDIC, stated this...