NDIC Begins Verification of Peak Merchant Bank Depositors by Justice Godfrey Okamgba April 24, 2023 0 Commerce The Nigeria Deposit Insurance Corporation NDIC has started the verification of insured depositors of the defunct Peak Merchant Bank. This ... Read more
NDIC Assures Safety of Deposits amid Fears of Bank Collapse by Justice Godfrey Okamgba March 31, 2023 0 Finance The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors that their money would be safe in the event of a ... Read more
Why CBN Stopped use of Merchant POS Machines for Deposits, Withdrawals by Justice Godfrey Okamgba March 16, 2023 0 Finance The use of merchant point-of-sale (POS) terminals for deposits and withdrawals of funds by supermarkets, stores, and other small business ... Read more
Nigerians Banks Laid off Almost 2000 Workers in 2021 by Justice Godfrey Okamgba October 18, 2022 0 Finance Those employed in commercial banks, merchant banks, and non-interest banks made up the workforce Read more
CBN says Banks’ Deposits Rose by 24% to N42tn by Yinka Okeowo September 15, 2022 0 Finance “This notable increase was achieved amidst a continued decline in non-performing loans ratio from 5.3 percent in April 2022 to ... Read more