CBN Revokes Licences of 46 Microfinance Banks, Raising Fears Among Customers and Small Businesses
The revocation of the operating licences of 46 microfinance banks by the Central Bank of Nigeria (CBN) has sparked...
NDIC
CBN Refutes License Revocation Rumors for Unity, Polaris, and Keystone Banks
The Central Bank of Nigeria (CBN) has firmly denied circulating rumors about revoking the licenses of Unity Bank, Polaris...
NDIC Begins Refunds for Heritage Bank Depositors
The Nigerian Deposit Insurance Commission (NDIC) has initiated the liquidation process for the failed Heritage Bank, beginning with verification...
NDIC amendment bill scales second reading in Senate
An Amendment Bill seeking to guarantee the autonomy and independence of the Nigeria Deposit Insurance Corporation, NDIC, scaled second...
Bank failure: No deposit will be lost – NDIC Assures Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has assured bank depositors of the safety of their monies in banks even...