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The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare Sunday, has clarified how the corporation compensates depositors when banks fail, stating that insured ...

Kindly share this postNigeria Deposit Insurance Corporation (NDIC) pays between ₦2 million and ₦5 million as deposit insurance to customers of liquidated banks, Managing Director Thompson Oludare ...

Deficit net worth occurs when a person or company’s liabilities exceed their assets, resulting in negative net worth. Learn more about its causes and examples.

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The Senate on Wednesday consolidated proposed legislation aimed at strengthening the regulatory oversight of the Central Bank ...

CBN raises gold reserves to $3.5bn with domestically sourced bullion as Senate pushes fintech oversight and anti-Ponzi ...

The Senate on Wednesday advanced proposed legislation aimed at strengthening the regulatory oversight of the Central Bank of ...