Tag: Bello Hassan
Above 97% of depositors would be covered in event of bank failure – NDIC assures
Oct. 26, 2021 … N128.4m in DMBs as at 2019 Mr Bello Hassan, Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), has assured depositors that in the event of failure of a bank, above 97 per cent of depositors would be fully covered by the Corporation. Hassan gave the assurance at the 2021 FICAN ...NDIC begins review of approach to the determination of premium by banks – MD
Oct. 20, 2021 …Insured financial institutions now to pay premium based on assessed risks The Nigeria Deposit Insurance Corporation (NDIC) says the payment of premium by financial institutions insured by the corporation will now be based on risks’ assessed. The Managing Director of the corporation, Mr Bello Hassan, disclosed this at the 2021 Financial Correspondents ...Alteration in Electoral Act Amendment Bill speculation unfounded- Gbajabiamila
July 6, 2021 Speaker of the House of Representatives, Femi Gbajabiamila says there is no alteration in the Electoral Act Amendment Bill as being speculated in some quarters. Gbajabiamila said this when he reacted to a point on matters of privilege by Rep. Ugouna Ozurigbo (APC-Imo) at Tuesday’s plenary on Tuesday in Abuja. Ozurigbo had ...$500m worth of Bitcoin traded in Nigeria in the last Five years – Moghalu
Former presidential candidate, Kingsley Moghalu, has said that $500 million worth of Bitcoin has been traded in Nigeria within the last five years. Moghalu who was once the Head of Directorate of the Central Bank of Nigeria, (a unit which he says is in charge of the financial systems), disclosed these figures while reacting to ...
