About five Nigerian banks have reported a combined profit after tax of N3.317 trillion in the 2024 fiscal yearZenith Bank, ...
The NDIC has intensified efforts to ensure timely payments to Heritage Bank depositors whose balances exceed the N5 million ...
Like a vulture, the banking industry continues to feast on a bleeding economy, with the latest financials of the lenders diverging significantly from the performance of the real sector.
The NDIC has announced April 2025 as commencement date for the payment of liquidation dividends to uninsured depositors of ...
The Nigeria Deposit Insurance Corporation has announced that the first tranche of liquidation dividends for uninsured ...
Following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024, the NDIC ...
The disclosure was made in a press statement released by the Acting Head of Communication & Public Affairs, NDIC, Hawwau ...
Gambo further disclosed that other claimants of the failed Heritage Bank, including creditors, and shareholders, will be considered for payment of liquidation dividends only after all depositors have ...
The Nigerian government is poised to receive about $635 million from the World Bank to bring Nigeria's total loan from the bank under Tinubu to $9.25 billion.
The Nigeria Deposit Insurance Corporation (NDIC) has urged members of the public to continue their banking activities without ...
Absolutely. Trust and security have been the foundation of our growth in Nigeria. From the beginning, we understood that ...
Data from the Central Bank of Nigeria (CBN) reviewed at the weekend, indicated that banks’ credit to the private sector (CPS) ...