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...
Nigeria Deposit Insurance Corporation (NDIC) has said that Savannah Bank is not liquidated. It consequently urged depositors of the bank to keep their account...
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...
Umaru Ibrahim, immediate past managing director and chief executive officer, Nigerian Deposit Insurance Association (NDIC), has said that some Nigerian banks failed because of...
Nigeria Deposit Insurance Corporation (NDIC), is prepared to wield the big stick in its ongoing efforts to recover over N400 billion owed by debtors...
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...
Polaris Bank has lost N26.005 billion worth of loans granted to 6 ex-directors, mostly without collaterals. Economy Post found from the bank’s 2022 annual...
Financial Institutions Training Centre (FITC) has reported that mobile fraud, computer/web fraud, and Point of Sale (PoS) fraud cases made Nigerian banks lose N6billion...
Nigeria Deposit Insurance Corporation (NDIC) said it has commenced the process to pay all depositors of 182 banks affected by the recent revocation of...
Lawmakers have directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc. The House of Representatives ruled that...