Like a vulture, the banking industry continues to feast on a bleeding economy, with the latest financials of the lenders diverging significantly from the performance of the real sector.

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

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 ...

The Nigeria Deposit Insurance Corporation has announced that the first tranche of liquidation dividends for uninsured ...

The disclosure was made in a press statement released by the Acting Head of Communication & Public Affairs, NDIC, Hawwau ...

Bureau De Change (BDC) operators have revealed that despite the naira's gains at the foreign exchange market during the week, ...

The value of the naira has appreciated against the United States Dollar in the official and unofficial foreign exchange ...

The Nigeria Deposit Insurance Corporation (NDIC) has provided clarity on the delays surrounding the payment of uninsured sums.

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

The NDIC has assured that depositors with over N5 million deposit in their Heritage Bank accounts would receive first ...