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Tag: Non-Performing Loans (NPLs)

CBN denies report to nationalize Unity Bank

CBN denies report to nationalize Unity Bank The Central Bank of Nigeria (CBN) has denied media reports of plans to nationalise Unity Bank Plc. The Acting Director, Corporate Communications Department, CBN, Osita Nwanisobi, in his reaction described it as, “fake news” and should be discarded in...

NDIC Seeks Ministry’s Support On Failed Banks’ Assets

NDIC Seeks Ministry’s Support On Failed Banks’ Assets       The Nigeria Deposit Insurance Corporation (NDIC) has solicited the support of the Ministry of the Federal Capital Territory (FCT) in the realisation of landed properties of banks in-liquidation within the FCT to enable it pay depositors of...