The Central Bank of Nigeria (CBN) has announced the revoking of the operating licences of 42 microfinance banks in the country. Naija News reports that this...
President Muhammadu Buhari on Monday made fresh appointments for the Nigeria Deposit Insurance Corporation (NDIC). Naija News reports that the new appointments were made known in...
The Kwara state government has applauded the Nigeria Deposit Insurance Corporation for protecting depositors and safeguarding the banking sector. The State Deputy Governor, Mr. Kayode Alabi,...
Zainab Ahmed, minister of finance, has assured that all those responsible for the failure of Skye Bank will be prosecuted. The minister made this known on...
-50 banks shut down between 1994 and 2011 due to non-performing loans. NDIC moves against non-performing bank loans. The Nigerian Deposit Insurance Corporation (NDIC), reveals that...