The Central Bank of Nigeria (CBN) has revealed that Nigerians secured personal loans amounting to N470 billion from banks ...

Heritage Bank liquidation dividends for uninsured depositors to commence April 2025. NDIC prioritizes deposit liabilities.

Looking ahead, Nigeria is projected to secure six new loans from the World Bank in 2025, totaling $2.23 billion. This would ...

Data from the Central Bank of Nigeria (CBN) reviewed at the weekend, indicated that banks’ credit to the private sector (CPS) ...

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will begin payments to depositors of the defunct ...

The NDIC has announced April 2025 as commencement date for the payment of liquidation dividends to uninsured depositors of ...

The NDIC has intensified efforts to ensure timely payments to Heritage Bank depositors whose balances exceed the N5 million ...

The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile, The PUNCH reports.The loans are to support ...

Following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024, the NDIC ...

The Nigerian electricity sector faced a downturn in the fourth quarter of 2024 (Q4 2024), as the electricity production index ...

The Nigeria Deposit Insurance Corporation (NDIC) says it will commence liquidation dividend payments to Heritage Bank ...

NIGERIAN banks are increasingly relying on costly short-term commercial papers (CPs) to address liquidity challenges as the ...