Nigeria Deposit Insurance Corporation (NDIC)

The Nigeria Deposit Insurance Corporation (NDIC) has warned financial technology (Fintech) operators against disclosing their customers’ financial details without appropriate permission.  Dr Kabir Katata, Deputy Director, Research…

The Nigeria Deposit Insurance Corporation (NDIC) said it had commenced payment to depositors of 154 Micro Finance Banks (MFBs) that the Central Bank of Nigeria (CBN) revoked their licences in 2018 due to insolvency. Alhaji Umaru Ibrahim,…

By Emeka Okoroanyanwu and Babajide Okeowo Financial crimes have assumed a frightening dimension in Nigeria. No day passes in the country without cases of financial crimes being reported or hitting the headlines. Perpetrators of financial…