The Nigeria Deposit Insurance Corporation (NDIC) says it has reimbursed depositors of 179 microfinance banks (MFBs) and four primary mortgage banks (PMBs) that were recently shut down. Bello Hassan, managing
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The Nigeria Deposit Insurance Corporation (NDIC) says it will spend N5.2 billion for the procurement of information communication technology (ICT) software. This is contained in the 2024 government-owned enterprises (GOE’s)
Nigeria Deposit Insurance Corporation (NDIC) says it has paid an insured sum of over N1.7 billion to customers, following the revocation of licenses belonging to some microfinance banks (MFBs) and
The Nigeria Deposit Insurance Corporation says it did not liquidate 20 new banks as claimed by reports on social media. Liquidation means selling off assets and using the proceeds to
Nigeria Deposit Insurance Corporation (NDIC) says it has commenced the payment of liquidation dividends to depositors, creditors, and shareholders of
Following the revocation of licences of some microfinance banks (MFBs) and primary mortgage banks (PMBs) by the Central Bank of
The senate has confirmed President Muhammadu Buhari‘s nominees for the Nigerian Electricity Regulatory Commission (NERC), National Population Commission (NPC) and
President Muhammadu Buhari has asked the senate to confirm nominees for the Nigeria Electricity Regulation Commission (NERC), Nigerian Midstream and
The senate has confirmed Ahmed Kuru as the managing director of Asset Management Corporation of Nigeria (AMCON) for a second
The Nigeria Deposit Insurance Corporation (NDIC) says it is working on providing insurance for customers of non-bank financial institutions (NBFIs)
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