Why CBN’s Crackdown on Weak Microfinance Banks Matters for Nigeria’s Financial System
The Central Bank of Nigeria (CBN) has intensified its regulatory oversight of the country's financial system by revoking the operating...
Tag Archives: #FinancialStability
NDIC Begins Liquidation of Aso Savings, Union Homes; Depositors to get Up to ₦2m insured payments each
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Aso Savings and Loans Plc and Union Homes Savings...
Korean Embassy Hosts Dinner in Honor of CGC Adeniyi
Story by Odekata Babatunde In a significant display of diplomatic camaraderie, the Korean Embassy in Abuja last week hosted a...
CBN Reiterates Commitment to Stability of Nigeria’s Financial System and Safety of Depositors’ Funds
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining the stability and security of the nation’s financial...
NDIC Initiates Asset Recovery of Liquidated Heritage Bank, Pays 84.98% Insured Depositors’ Funds
The Nigeria Deposit Insurance Corporation (NDIC) has commenced asset recovery process of liquidated Heritage Bank following the revocation of its...