All posts tagged "deposit insurance corporation"

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  14,000 ex-bank workers drag CBN, NDIC, Finance Minister to court

  About fourteen thousand ex-workers of non-consolidated banks in Nigeria have dragged the Central Bank of Nigeria, CBN, to court over the alleged refusal of concerned authorities to pay them their entitlements. Also joined in the suit are...

  • Posted September 23, 2013
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  Recapitalisation: We’re not eager to liquidate PMIs, MFBs -NDIC chief

  Ahead of the eight months’ extension recently given by the Central Bank of Nigeria (CBN) for primary mortgage institutions and microfinance banks in the country to meet new capital thresholds, the Nigeria Deposit Insurance Corporation (NDIC) says...

  • Posted April 9, 2013
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  NDIC plans bailout for micro finance, mortgage banks

  The Nigeria Deposit Insurance Corporation, NDIC, has said it would grant assistance to deserving Primary Mortgage Banks, PMBs) and microfinance banks (MFBs, as part of its efforts to reposition the sub-sector for greater performance of the financial...

  • Posted April 4, 2013
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