The Nigeria Deposit Insurance Corporation, NDIC, has set aside the sum of N258.767 billion for the reimbursement of depositors in the unlikely event of closure of...
The Central Bank of Nigeria has given the indication that more top management staff of some banks would have to be relieved of their post as...
Central Bank of Nigeria (CBN) said that Nigerians lost N11.9 billion to the Ponzi scheme, popularly called Mavrodi Mundial Movement (MMM) in 2016. This is despite...
By Chioma Obinagwam The Task Force on the Implementation of the Failed Bank Act has given notice to re-arrest for prosecution, directors and officers of licensed...
By ANDREW OJIEZEL The Nigerian Deposit Insurance Corporation (NDIC) has disclosed that three million Nigerians had lost N18 billion in the Mavrodi Mundial Movement Ponzi scheme...
