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    Kapital FM 92.9 The Station that Rocks!

BANKS

3 Results / Page 1 of 1

Business

NDIC Pays N1.084b To Over 29,000 Depositors Of Defunct Banks

By Umbwanko Baba The Nigerian Deposit Insurance Corporation, NDIC, says it paid N1.084 billion naira to 29,573 depositors of defunct Micro Finance Banks, MFB as insurance. The Managing Director of NDIC, Mr. Bello Hassan who stated this while delivering his speech at the NDIC special Day held at the 18th Abuja International Trade Fair, explained that this followed the revocation of licenses for 179 Microfinance Banks and 4 Primary Mortgage […]

todayOctober 5, 2023 25

Economy

NDIC Commences Payment Of Liquidation Dividends In 20 Banks

  Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation, NDIC, says it has commenced declaration of N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. A statement by the Director, Communication & Public Affairs, Bashir Nuhu explains that the NDIC has commenced verification and payment to stakeholders covered by the declarations within 30 days, starting from […]

todayOctober 2, 2023 24

Business

FG, Banks Plan Special ID Cards For Senior Citizens

The Federal Government met with officials of Deposit Money Banks and other related institutions in Abuja, on Tuesday, to plan for the production of functional three-in-one identity cards for older citizens across the country. Speaking at the Roundtable Meeting with Banks on the Production of Senior Citizens Identity Cards, the Director-General, National Senior Citizens Centre, Emem Omokaro, said the initiative would improve the quality of life of older persons across […]

todayJune 28, 2023 22

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