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Failed Banks: NDIC Pays N100b To Depositors

•Corporation reiterates dangers of trading in Bitcoin The Nigerian Deposit Insurance Corporation (NDIC) said it has paid more than N100 billion to depositors of liquidated Deposit Money Banks in the country till date. Besides, the corporation revealed that it deployed all legal means to recover loans...

Beware of Bitcoin, Swisscoin, Others, SEC Warns Nigerians

The Securities and Exchange Commission said its attention had been drawn to radio advertisements and other modes of solicitations of the public to invest in crypto currencies such as Swisscoin, OneCoin, Bitcoin and such other virtual or digital currencies. SEC, therefore, advised the public to...