The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has disbursed insured deposits of N5 million each to 82.36% of the total customers of the...
The Nigerian Deposit Insurance Corporation (NDIC) has assured depositors of Heritage Bank that it has begun the process of reimbursing all depositors of the now-liquidated bank....
The Nigeria Deposit Insurance Corporation (NDIC) has announced revisions to the Maximum Deposit Insurance Coverage for banks operating within the country. NDIC’s Managing Director, Bello Hassan,...
The Nigerian banking sector has welcomed another new member with OurPass, a one-click checkout company opening shop for banking and allied services in the country....
The Central Bank of Nigeria (CBN) claims that the sale of Polaris Bank’s 100 percent equity to Strategic Capital Investment Limited followed due process. This...
There was a plethora of fraud complaints and excess charges reports to the tune of 2,432 brought against financial service brands by customers in the...
The Nigeria Deposit Insurance Corporation (NDIC), has advised Nigerians to beware of ponzi scheme operating under the guise of financial institutions. Mr Chima Onyechere, the Zonal...
By Edozie Obasi-Eze The Nigerian banking sector has been declared immune to any shock of magnitude that can negatively impact the financial system and the...
By Edozie Obasi-Eze Following the victory of the Association of Ex-Staff of Non-Consolidated Banks of Nigeria at the court on the matter of their N5.7billion...
By EdozieObasi-Eze The Nigeria Deposit Insurance Corporation (NDIC) says that its adoption of the Bridge Banks option has helped in the prevention of systemic crisis and...
