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All posts tagged "depositors"

  • NSE Lists First Monument Bank Group as Holdco

    First City Monument Bank (FCMB) Group Plc was Monday listed on the Nigerian Stock Exchange (NSE) as a holding company after completing all regulatory and legal processes required for the setting up of a holding company to...

    • Posted June 25, 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 begins liquidation of failed mortgage institutions

    The Nigeria Deposit Insurance Corporation (NDIC) said on Thursday it had liquidated the assets of seven Primary Mortgage Institutions (PMI) considered not viable. Its Managing Director, Umaru Ibrahim, announced this at a meeting with the board and...

    • Posted March 29, 2013
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