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Enterprise Risk Management Department

NDIC pays N11.50 billion to depositors of failed banks, recovers N28 billion debt

The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, Tuesday said a total of N11.50 billion had been paid to depositors, creditors, shareholders and other stakeholders of closed financial institutions as at December 31, 2017.

NPA board approves new structure to eliminate redundancy, improve efficiency

The Board of the Nigerian Ports Authority (NPA) says it has approved a new organisational structure and the commencement of a Business Process Re-engineering initiative to improve efficiency.

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2019: Muhammadu Buhari may lose Katsina – APC group

The Katsina Concerned All Progressives Congress (APC) Members Forum has warned that the party might lose to the opposition in the forthcoming general elections if what the group describes as urgent steps are not taken to resolve the matter.
Muhammadu Buhari

Muhammadu Buhari ‘queries’ reporter for reducing his age, asks for more prayers

President Muhammadu Buhari, who marked his 76th birthday on Monday, jokingly `protested’ when a reporter mistakenly reduced his age by one year.

Official: Expect Lake Rice in Lagos markets soon

The Lagos State Government says its indigenous rice called “Lake Rice” would be available in markets before the year ends at the rate of N12,000 per bag.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

Muhammadu Buhari urges Nigerians to give him more time

President Muhammadu Buhari has urged Nigerians to understand him and give him more time to translate his intentions for the country.
At least 30 Nigerian soldiers have been killed in a gun battle with Boko Haram fighters who overran a military base in the country's northeast, according to military sources.

Troops repel Boko Haram terrorists at Gudumbali

Nigerian troops of Operation LAFIYA DOLE located at Gudumbali in northern Borno State have repelled an infiltration by suspected Boko Haram terrorists who disguised as civilian Internally Displaced Persons.