TAG: NDIC

AMCON made a N254 billion loss in 2016

AMCON made a N254 billion loss in 2016

MD of the bad bank Mohammed Kuru said the possibilities of an AMCON II...


Why Sigma-Riverbank Is Upgrading Keystone’s Branches

Why Sigma-Riverbank Is Upgrading Keystone’s Branches

Nairametrics|Sigma-Riverbank consortium which recently acquired Keystone Bank has embarked on an upgrade of the...


Chasing Failed Bank Executives Too Late Is Futile

Chasing Failed Bank Executives Too Late Is Futile

Nairametrics| An inter agency task force in charge of investigating failed financial institutions has said...


NDIC Calls Bitcoins, Block Chain “Ponzi Schemes”

NDIC Calls Bitcoins, Block Chain “Ponzi Schemes”

Nairametrics| The Nigeria Deposit Insurance Corporation, NDIC, has cautioned Nigerians against investing their hard...


Analysis: Afriprud Registrars Changes Strategy

Analysis: Afriprud Registrars Changes Strategy

Nairametrics| At its recently held Annual General Meeting (AGM), Afriprudential Registrars got the approval...


CBN AND NDIC’s Tussle Over Funds In Dormant Accounts

CBN AND NDIC’s Tussle Over Funds In Dormant Accounts

Nairametrics| At a public hearing by the House of Representatives on amendment of the...



NDIC Reports N53 billion Surplus, More Profitable Than Some Banks

NDIC Reports N53 billion Surplus, More Profitable Than Some Banks

Nairametrics| While some banks are experiencing decline in profits, and losses the National Deposit...


Implication: NDIC Says N1.8tr In Bank Loans Are “Non-Performing”

Implication: NDIC Says N1.8tr In Bank Loans Are “Non-Performing”

Nairametrics| The Banking crisis of 2009/2010 is still very fresh in the minds of a...


NDIC Boss Has Labelled Bitcoins As ‘Disruptive Innovation’

NDIC Boss Has Labelled Bitcoins As ‘Disruptive Innovation’

Disruptive or just not well...


NDIC: Bank Depositors Paid N73.5Billion Dividend In 2012 – NDIC

NDIC: Bank Depositors Paid N73.5Billion Dividend In 2012 – NDIC

  Managing Director/Chief Executive Officer, Nigerian Deposit Insurance Corporation, Alhaji Umaru Ibrahim, said a...


NDIC Sets Aside N16Billion For Micro Finance Banks

NDIC Sets Aside N16Billion For Micro Finance Banks

The Nigerian Deposit Insurance Corporation (NDIC) has set aside N16 billion special fund for...


REMEMBER THEM? THE DEAD GENERATION BANKS OF YESTER YEARS

REMEMBER THEM? THE DEAD GENERATION BANKS OF YESTER YEARS

Lobi Bank, Abacaus, African Express Bank etc. remember those banks? Well, just over 10...