NDIC

Board Chairman accuses ‘CBN cabals’ of doctoring new NDIC Act, risking depositors funds

THE new chairperson of the governing board of the Nigerian Deposit Insurance Corporation (NDIC), Abdulhakeem Abdullateef, has raised concerns...

Microfinance bank CEO sentenced to 4 year jail term over $167 million fraud

THE Federal High Court, Lagos, on Thursday, sentenced a former managing director of the defunct Integrated Microfinance Bank Ltd, Simon...
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