Jul 19, 2015
The Nigerian Deposit Insurance Corporation (NDIC) has faulted poor governance culture and risk control practices of some financial institutions capable ofProceed to the page: http://linkis.com/Zdp68
The Chief Judge of the Federal High Court, Justice Ibrahim Auta, has urged the Nigeria Deposit Insurance Corporation, NDIC, to impose stiffer sanctions against operators of illegal financial institutions known as ‘Wonder Banks’ in the country.
Against fears being entertained especially by investors and Nigerian businessmen and women, the Nigeria Deposit Insurance Corporation (NDIC) has said that all banks operating in Nigeria are healthy and that their workings are in line with global standards.
The previous week, we started with the mention of the Annual General Meetings, AGMs, of companies during this year. The reports from the meetings indicate that shareholder comments were favourable with respect to the performance of the companies. For the banks, the shareholders were complaining...
The Nigeria Deposit Insurance Corporation, NDIC, has assured that Nigerians had no access to banks and urged the people to imbibe the culture of saving their money in registered instead of wonder banks.
THE appearance of Nigeria Deposit Insurance Corporation (NDIC) at the public hearing organised by the Senate Committee on Banking, Insurance and other Financial Institutions to defend its quest for amendments of its 2006 Act last March has ignited a debate on the pros and cons of the proposed...
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