The Nigeria Deposit Insurance Corporation (NDIC) has called on commercial banks and other businesses that left the North East in the wake of Boko Haram insurgency to ensure businessmen and women in the region have easier access to funds. This is even as only 25...

Nigeria Deposit Insurance Corporation (NDIC) on Thursday warned strongly against the current trend of digital currencies, especially Bitcoins, stressing that they were yet to be approved by Nigerian regulators. The Chief Executive Officer, NDIC, Alhaji. Umaru Ibrahim gave the warning in Lagos, in an address...

The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has informed the House of Representatives Committee on Insurance and Actuarial Matters that the corporation has proposed the sum of N47.25bn or 80 percent of the net...