Ahmed Umar, Director, Currency Operations of the CBN, made the apex bank’s position known on Tuesday.
Browsing: Nigeria Deposit Insurance Corporation
He spoke on the sideline of a three-day Capacity Building Workshop organised by the Legal Department of NDIC.
Ronke Shokefun, Chairman NDIC Board of Directors, said this at a retreat organised by the NDIC on Thursday in Lagos.
He made the call during the courtesy visit by the Executive Council members of the Chartered Institute of Bankers, led by the President and Chairman of Council, Bayo Olugbemi.
The corporation gave the warning on its official twitter handle in Abuja on Thursday.
Yunusa Abdullahi, Special Adviser, Media and Communications to the Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this in a statement in Abuja on Sunday
The Board of the Nigeria Deposit Insurance Corporation has approved the immediate release of N1 billion to the COVID-19 Relief Fund being put together to fight the Coronavirus pandemic in Nigeria.
Following the challenges encountered from the debt-recovery processes and the very limited results so far, the Committee is expected to consider other options, including taking enforcement measures in actually recovering the debts
Speaker of House of Representatives, Femi Gbajabiamila, has called for appropriate regulatory framework to guide the use of cryptocurrency in the country.
The NDIC Executive Director, Corporate Services, Omolola Edewor, made this known when she presented the corporation’s 2019 Budget before the Senate Committee on Banking, Insurance and other Financial Institutions on Monday on Abuja
The Senate on Wednesday confirmed the appointment of Omolola Edewor as Executive Director, Corporate Services, Nigeria Deposit Insurance Corporation.
The Central Bank of Nigeria has projected that electronic fraud loses in the country’s banking system would reach N6.1 trillion by 2021.
Mbanisi said this at the on-going workshop for Business Editors and Finance Correspondents Association of Nigeria organised by Nigeria Deposit Insurance Corporation on Wednesday in Benin.
The substitution was made on Tuesday
Barely few weeks after the collapse of Skye Bank, same fate has befallen a community bank in Bauchi, Garu Micro-Finance Bank, the News Agency of Nigeria reports.
The Corporation adopts various bank failure resolution measures such as Purchase and Assumption, provision of liquidity support, assisted merger, take over and management of ailing banks. Other strategies include the establishment of bridge banks and where necessary, the outright liquidation of failed insured institutions
Being a statement to the press on Friday by the Governor of the Central Bank of Nigeria, Godwin I. Emefiele
Senator Rafiu Adebayo Ibrahim, the Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, made the plea on Thursday in Lagos
Speaking on Thursday at the Financial Institutions Training Centre Thought Leadership Discussion Series in Lagos, the NDIC Managing Director, Umaru Ibrahim, said the level of non-performing loans in the industry could be lower if the banks were to adhere more to sound corporate governance
Jones Onyereri, Chairman, House Committee on Banking and Currency, revealed this to journalists on the sidelines of the ongoing 2018 IMF/World Bank Spring Meetings in Washington DC