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YNaija November 18, 2023

FG Set to Close Third Mainland Bridge on Monday …. | 5 Things That Should Matter Today

FG set to close Third Mainland Bridge on Monday NDIC releases list of failed banks, advises clients to withdraw funds Court of Appeal upholds Tribunal's sacking of Abba Yusuf, governor…

Omoleye Omoruyi May 9, 2018

The Big 5: President Buhari names Keyamo, others NDIC board members; FG shut three cough syrup manufacturers and other top stories

These are the top stories you should be monitoring today. The governorship primary of the Peoples Democratic Party (PDP) came to an end on Tuesday with the Deputy Governor of…

Roqeebah March 2, 2017

3 million Nigerians lost 18 billion to MMM: here’s how that happened

The Managing Director of the Nigerian Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has just made the claim that about 3 million Nigerians lost a total of 18 billion Naira…

Tolu March 2, 2017

We never learn: Nigerians lost N18bn to MMM, and now we’re looping in our losses

Did we see this crash coming? Yes, sure. Did MMM participants also see it coming? Hell yeah, they all did. But because Nigerians are built to be tough and unrelenting,…

Oludolapo Adelana March 2, 2017

3 million Nigerians lost N18bn to MMM – NDIC

by Dolapo Adelana The Nigerian Deposit Insurance Corporation (NDIC) has said about three million Nigerians lost N18 billion to Ponzi scheme, Mavrodi Mundial Moneybox, popularly called (MMM). The Managing Director…

Kolapo Olapoju May 13, 2015

Onigbese? Doyin Okupe owes N34m and his time is almost up

by Iyobosa Omoregie The Nigerian Deposit Insurance Corporation is trying to recover an alleged debt of N34m from Doyin Okupe. The NDIC has asked a Federal High Court in Lagos…

January 7, 2013

Game on: Reps set to remove CBN’s supervisory role

by Emmanuel Okubenji The House of Representatives has initiated steps to curtail the bank supervisory roles of the Central Bank of Nigeria (CBN) and fully empower the Chartered Institute of…

January 7, 2013

Clipping the governor’s wings? Reps may remove Central Bank’s supervisory role