NDIC Managing Director

NDIC Assures Depositors, Explains Revocation of 154 MFBs, 6 PMBs’ Licences

November 7, 2018November 7, 2018

BY CHINYERE OBIORA, LAGOS – The Managing Director of Nigeria Deposit Insurance Corporation (NDIC) Alhaji Umaru Ibrahim says insolvency accounted for the revocation of operating licences issued to 154 Micro-finance…

Banking and Finance ECONOMY

Skye Bank: CBN Explains License Withdrawal

September 21, 2018September 21, 2018

NDIC assures depositors AMCON injects N786bn into Polaris Bank BY CHINYERE OBIORA, LAGOS – The Central Bank of Nigeria (CBN) on Friday revoked the operating license of Skye Bank with…