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Nigeria CBN Revokes Licences for 110 Microfinance Banks and 3 Primary Mortgage Banks
In the aftermath of the Central Bank of Nigeria's (CBN) recent revocation of licences from 110 microfinance banks (MFBs) and three primary mortgage banks (PMBs), the Nigeria Deposit Insurance Corporation (NDIC) has swiftly disbursed N1.39 billion to 36,163 depositors. NDIC CEO Bello Hassan... -
Nigeria NDIC's Payout: N16 Billion to Depositors and Creditors of Liquidated Banks
Title: "NDIC Pays N16.18 Billion in Dividends to Depositors of 20 Liquidated Banks" The Nigeria Deposit Insurance Corporation (NDIC) has taken a significant step towards resolving the fallout from the liquidation of 20 banks by declaring N16.18 billion in liquidation dividends. This... -
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Metro Only 2% of Nigerians have more than N500k in their bank account – Economist claims via statistics – Ladun Liadi’s Blog
https://www.ladunliadinews.com/2020/12/only-2-of-nigerians-have-more-than.html- Chinedu Iroka
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- ladun news naija news ndic nigeria news nonso nnamani
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- Forum: Metro News Links
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Business NDIC Shuts Down 42 Microfinance Banks - Nairaland
https://www.nairaland.com/6322283/ndic-shuts-down-42-microfinance- Wakanda
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- nairaland ndic nigeria news
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- Forum: Business News Links
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Business NDIC, US agency strategise on resolution of bank failures - vanguard newspaper
Nigerian Deposit Insurance Corporation (NDIC) and the Office of Technical Assistance (OTA) of the United States Department of Treasury have commenced discussions on strategies for resolving bank failures in the country Meanwhile the United States agency has commended the NDIC on the...- Iroka Chinedu
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- bank failures dis ndic nigeria nigeria business news nigeria news 180418 ota vanguard newspaper
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Business NDIC Reveals How Much Nigerians Lost To MMM
The Nigerian Deposit Insurance Corporation (NDIC) has said that an estimated three million Nigerians have lost N18 billion in the Ponzi scheme, popularly called Mavrodi Mundial Movement (MMM). Speaking at NDIC day at the ongoing 38th Kaduna International Trade Fair on Thursday, the Managing...- kemi
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- mmm nigeria ndic victims of mmm
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Politics Buhari Reappoints Erediauwa as Executive Director of NDIC
President Muhammadu Buhari has reappointed Mr. Aghatise Erediauwa as Executive Director, Nigerian Deposit Insurance Corporation (NDIC). Erediauwa holds a B.Sc (Hons) degree in Economics and Computer Science from the State University of New York, a degree in Law and an MBA from Lagos Business...- abujagirl
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- aghatise erediauwa naija news ndic nigeria news
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- Forum: Political News Links
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Business FG Slashes CBN’s Budget by 50%
The Director, Financial System Stability (FSS 2020), Central Bank of Nigeria (CBN), Mr. Mohammed Suleiman, yesterday said the Federal Government has slashed its budget by 50 per cent, lamenting that the development has seriously affected its capabilities to fund some financial system...- ProfRem
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- abuja news cbn financial system stability fss 2020 programme national assembly ndic nigeria news nigerianbulletin
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- Forum: Business News Links
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Business 2% of Nigerians Own 90% of Banks Deposits in Nigeria - NDIC
The Director of Research and International Relations at the Nigeria Deposit Insurance Corporation, NDIC, Alhaji Mohammed Umar, has revealed that the gap between the rich and other Nigerian citizens (poor, well to do, less rich, and so on) is very very wide. “Our current deposit insurance...- LequteMan
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- ndic
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- Forum: Business News Links
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