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NDIC Gets N2bn To Pay Depositors Of Liquidated Bank

NDIC Gets N2bn To Pay Depositors Of Liquidated Bank     The Nigeria Deposit Insurance Corporation (NDIC) on Wednesday said it liquidated Fortis Microfinance Bank (FMB) to protect the interest of depositors. It said the bank went into distress because of mismanagement and abysmal corporate governance practices The Central...

Bank Cautions Depositors On Rising Fraud Cases

Bank Cautions Depositors On Rising Fraud Cases     Access Bank Plc has called on customers to be vigilant of the common tricks used by fraudsters to rob them of their monies. The Executive Director, Retail Banking, Access Bank, Victor Etuokwu, made the call on Friday in a...

NDIC Pays Off 526,414 Depositors Of 17 Liquidated Banks

NDIC Pays Off 526,414 Depositors Of 17 Liquidated Banks   The Nigeria Deposit Insurance Corporation has paid off 526,414 depositors of liquidated banks, the Managing Director of the corporation, Alhaji Umaru Ibrahim, has said. He said all the depositors of the 17 defunct banks who came forward...