NDIC Ensures Depositors’ Reimbursement from 179 Closed Banks In a significant move aimed at restoring trust and stability in Nigeria’s financial sector, the Nigeria Deposit Insurance Corporation (NDIC) has proudly announced the successful reimbursement of deposits from 179 microfinance banks and four primary mortgage banks across the nation. This momentous update was revealed by Dr. […]
Nigerian banks extend workdays to weekends. Commercial banks in Nigeria have extended their workdays to weekends for customers to deposit their old naira notes. The action is to help customers meet the Tuesday, January 31 deadline set for the collection of old naira notes by the Central Bank of Nigeria (CBN) governor Godwin Emefiele. With […]
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