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FG urges NDIC to address issues of high non-performing loans in banks

The Federal Government has called on the newly constituted board of the Nigerian Deposit Insurance Corporation to come up with…

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Why we are not introducing N5000 note – CBN

The Central Bank of Nigeria (CBN) says it has no plan to introduce N5,000 denominated banknote as being speculated by…

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12 banks pay N62.4bn to NDIC as deposit insurance premium in H1’2022

Twelve Nigerian banks listed on the Nigerian Exchange (NGX) paid N62.41 billion to the Nigerian Deposit Insurance Corporation (NDIC) as…

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Fintechs disrupting banking sector, CBN cries out

The governor of Central Bank of Nigeria (CBN), Godwin Emefiele, says financial technology (fintech) companies are disrupting the banking sector.…

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Senate confirms Chidinma Osuji as Executive Director of NDIC

The Senate has confirmed the nomination of Mrs. Emily Chidinma Osuji as Executive Director of the Nigerian Deposit Insurance Corporation…

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Senate amends bill establishing Federal Polytechnic Orogun, Delta

The Senate, on Tuesday at plenary, amended the bill seeking to establish the Federal Polytechnic, Orogun, Delta State, already passed…

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Insolvency professionals, CAC, others partner for better service delivery

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) says it will step up its engagement with the Corporate…

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Okonjo-Iweala, Obiora, others for CIBN Fellowship award

Dr Ngozi Okonjo-Iweala and Dr Kingsley Obiora are among the dignitaries expected to receive the Chartered Institute of Bankers of…

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Bank failure: NDIC assures 97% depositors of coverage

Bello Hassan, Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), has assured depositors that in the event of failure…

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Cybercrime: NDIC calls for national, international collaboration

The Nigeria Deposit Insurance Corporation (NDIC) has called for national and international collaboration between governments, law enforcement, and the private…

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