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...
Nigeria Deposit Insurance Corporation (NDIC), is prepared to wield the big stick in its ongoing efforts to recover over N400 billion owed by debtors...
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...
The Nigeria Deposit Insurance Corporation (NDIC) has stated that Polaris Bank remains unsold, days after a report that Auwal Lawan Abdullahi, an investor in...
Abdulrasheed Bawa, the Chairman of the Economic and Financial Crimes Commission (EFCC), has stated that the agency is aware of the fraudulent activities across...