Nigeria Deposit Insurance Corporation

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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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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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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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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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NDIC seeks FCT ministry support in closed banks’ assets

The Nigeria Deposit Insurance Corporation (NDIC) has solicited the support of the Ministry of Federal Capital Territory (FCT) in recovering…

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