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Research Department of NDIC

Fintech: NDIC requires full disclosure of information for licensing companies

Abdulfatah Dec 11, 2019 0

The Nigeria Deposit Insurance Corporation (NDIC) says full disclosure of information about any financial technology (fintech) operator is required before licensing it. It said concealment of information about their operations had slowed…

Business News

NDIC warns operators against disclosing customers’ financial data, status

Abdulfatah Dec 11, 2019 0

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…