The Central Bank of Nigeria (CBN) has dismissed circulating claims that Polaris Bank is facing liquidation, reaffirming that the country’s…
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The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have challenged the jurisdiction of the Federal…
The Federal High Court in Abuja has declined to grant an application seeking to restrain the Central Bank of Nigeria…
The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare-Sunday, has reaffirmed the corporation’s commitment to safeguarding…
The Nigeria Deposit Insurance Corporation (NDIC), says it will begin payment of insured sum to 2.3 million depositors of Heritage Bank in-liquidation this week.
The Nigeria Deposit Insurance Corporation (NDIC) says it has started the liquidation process of Heritage Bank with immediate verification and payment of insured deposits to bank depositors.
Nigeria Deposit Insurance Corporation (NDIC) says it has paid insured sum of over N1.7 billion to customers, following the revocation of licenses of Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs).
The Nigeria Deposit Insurance Corporation (NDIC) alerts Nigerians that promoters of Ponzi Schemes and scammers, who promise stunning profits for investors, are aggravating poverty in the country. They do this by luring, trapping Nigerians and swindling them of huge amounts of money.
The Nigeria Deposit Insurance Corporation (NDIC) has commended the judiciary for the timely prosecution of failed banks cases over the years.
The Nigeria Deposit Insurance Corporation (NDIC) has urged regulators in the banking industry to draw supervisory lessons from the failure of Silicon Valley Bank and Credit Suisse by ensuring proper manage risks.