The Nigeria Deposit Insurance Corporation (NDIC), says its Deposit Insurance Scheme (DIS) does not cover insider deposits which are made up of deposits of banks’ directors...
Not insured by NDIC By Chioma Obinagwam In view of the concerns expressed by the National Assembly and the general public about the incursion of Digital...
A total of 12,279 fraud cases were reported in 2015, representing an increase of 15.71 per cent over the 10,612 fraud cases reported in 2014. However,...
By ODIMMEGWA JOHNPETER, Abuja THE Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has suggested the re-establishment of Nigeria Savings Bank to...
The Nigeria Deposit Insurance Corporation, NDIC, has called on depositors of liquidated banks in Enugu State to come forward and claim their money. A breakdown showed...
Unsparing annual reports. Collaboration. And risk-based supervision. The NDIC sweeps the board as the foremost agency of the Establishment – though it’s not competing. By SEGUN...
THE Central Bank of Nigeria, CBN, has granted licenses to 21 Mobile Money Operators (MMOs) in Nigeria which comprise 15 non-bank operators and 6 bank operators...
By CHIOMA OBINAGWAM THE Nigeria Deposit Insurance Corporation (NDIC) said it is working tirelessly that Nigerians who have access to any form financial services (financial inclusion)...
FirstBank and the United bank for Africa (UBA) have been sanctioned by the Central Bank of Nigeria for failing to comply with the directive by the...
