Online News Magazine
Online News Magazine
The Central Bank of Nigeria (CBN) on Thursday lifted its foreign exchange restriction to importers of rice, cement and 41 other items placed on ban since 2015. A statement by Dr. Isa AbdulMumin, the CBN Director of Corporate Communications, on Thursday said “importers of all the 43 items previously restricted by the 2015 Circular referenced […]
The Nigeria Deposit Insurance Corporation (NDIC) has warned Nigerians against dealing with illegal fund managers, often referred to as “Wonder Banks” or “Ponzi Schemes. Managing Director/Chief Executive (MD/CE) of NDIC, Bello Hassan , gave the warning on the occasion of Corporation’s special day at the 18th Abuja International Trade Fair. He urged the public to […]
Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation (NDIC) has announced declaration of N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. To this end, the corporation has commenced verification and payment of stakeholders covered by the declarations within 30 days, […]
The Nigeria Deposit Insurance Corporation (NDIC) has warned Nigerians against dealing with illegal fund managers, often referred to as “Wonder Banks” or “Ponzi Schemes. Managing Director/Chief Executive (MD/CE) of NDIC, Bello Hassan , gave the warning on the occasion of Corporation’s special day at the 18th Abuja International Trade Fair. He urged the public to […]
The MSECB, a leading international provider of Audit and Certification Services has granted the Nigeria Deposit Insurance Corporation (NDIC) three ISO certifications namely: Information Security Management System ISO/IEC 27001:2013 (on how organizations manage and protect their information assets so that they remain safe and secure, using this robust framework) Also, IT Service Management System ISO/IEC […]
…..Despite Global Economic Challenges UBA Plc, known as Africa’s Global Bank, has announced its audited financial results for the half-year ended June 30, 2023. The bank showcased a stellar performance across its major income lines, reporting impressive double and triple-digit growth. Despite the challenging global economic climate and geopolitical uncertainties in Africa, UBA Group recorded […]
Africa’s Global Bank, United Bank for Africa (UBA), has said that stakeholders need to come together to checkmate growing threats to the country’s digital payment system. The Head of Digital Banking at UBA, Olukayode Olubiyi stated this while speaking on the topic titled ‘Unlocking the Future of Payments’ at the 2023 annual conference of the […]
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to put the continent’s diversity and rich culinary traditions on the centre-stage with the highly anticipated ‘Tastes of Africa Food Festival. The UBA Tastes of Africa Food Festival is a vibrant celebration of the continent’s cuisine, culture, and diversity as it reflects its remarkable […]
The Nigeria Deposit Insurance Corporation (NDIC) says it has concluded plans to pay all depositors of the failed Peak Merchant Bank their liquidation dividend. A statement issued on Monday by Bashir Nuhu, the NDIC Director of Communication and Public Affairs, enjoined all eligible stakeholders of the bank to visit any NDIC office or visit NDIC […]
(1) L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United Bank for Africa, Bashir A. Nuhu, Director, Communication & Public Affairs Nigeria Deposit Insurance Corporation (NDIC), Bola Enigbokan Divisional Head Enterprise Support, Nigeria Interbank […]
