NDIC To Comence Investigation Of Directors Of 183 Failed Banks

NDIC To Comence Investigation Of Directors Of 183 Failed Banks

 The Nigeria Deposit Insurance Corporation (NDIC), has disclosed plans to probe the directors of 179 Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs), whose licences were recently revoked by the Central Bank of Nigeria (CBN). THE WILLS reports.Information Guide Nigeria   NDIC Managing Director, Bello Hassan, made this known at a capacity building workshop … Read more

Naira swap: Depositors funds 100% safe – NDIC

Naira swap: Depositors funds 100% safe – NDIC

The Nigeria Deposit Insurance Corporation has assured Nigerians that depositors’ funds are safe. NDIC assured Nigerians that the current Central Bank of Nigeria currency swap has nothing to do with people’s monies in banks.Information Guide Nigeria Speaking, the Managing Director of NDIC, Malam Bello Hassan, said depositors need not panic over the new CBN monetary … Read more