NDIC pays over N1.7bn to customers of closed banks
Dec. 16, 2023 Nigeria Deposit Insurance Corporation (NDIC) says it has paid insured sum of over N1.7 billion to customers, following the revocation of licenses of Microfinance Banks (MFBs) and…
NDIC Pays N1.45bn to Over 16,000 Depositors of 34 Closed DMBs in 2017– Report
The Nigeria Deposit Insurance Corporation (NDIC), said it paid N1.45 billion to 16, 324 depositors of 34 closed Deposit Money Banks (DMBs) in 2017. According to…
CBN Requests Telcos to raise N5bn Capital Investment for Mobile Money Operations
The Central Bank of Nigeria has asked telecommunications companies that intend to deepen financial inclusion in the country through mobile money operations to make a minimum capital…