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Dapo Abiodun

2019: Ogun Assembly members drum support for Dayo Abiodun’s candidacy

Four members of the Ogun State House of Assembly have thrown their weights behind the candidacy of Prince Dapo Abiodun as the flagbearer of the All Progressives Congress in the 2019 elections.
Dapo Abiodun

2019: NDIC’s Bode Mustapha urges Ogun APC to rally support for Dapo Abiodun

Chairman of the Nigeria Deposit Insurance Corporation (NDIC) and chieftain of the All Progressives Congress (APC), in Ogun State, Bode Mustapha, on Sunday, called on members of the party to rally support for the candidacy of Dapo Abiodun and ensure APC retains Ogun in 2019.

Central bank revokes micro-finance bank’s license

Barely few weeks after the collapse of Skye Bank, same fate has befallen a community bank in Bauchi, Garu Micro-Finance Bank.

NDIC: Bridge bank option saves financial system from systemic risks

To curtail the spread of systemic risks that could trigger massive lay-off in the financial sector, the use of bridge bank option to resolve the failure of the defunct Skye Bank has been adjudged the most effective way.
Mary Uduk

World Investors Week: SEC charges Nigerians on financial inclusion

The Securities and Exchange Commission (SEC) on Thursday charged Nigerians to key into the financial system and invest in the capital market.

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.

2019: Segun Osoba cautions Ogun APC over complacency, disunity

A former governor of Ogun State, Olusegun Osoba, on Wednesday, warned the All Progressives Congress (APC) in the state not to be complacent and ensure there is unity in the party ahead of the general election in 2019.

Polaris Bank takes over as CBN revokes Skye Bank’s licence

The Central Bank of Nigeria (CBN) yesterday revoked the operating licence of Skye Bank Plc exactly 27 months after its intervened in the ailing bank.

NDIC tasks bankers on ethical standards

The Nigeria Deposit Insurance Corporation has called on the regulators and operators in the financial industry to establish sound ethical standards in the banking industry.

Afreximbank posts $343 million H1 revenue

Despite the undulating global business terrain, the African Export-Import Bank (Afreximbank) has posted a gross revenue of $343 million as contained in its unaudited financial statements for the half-year period ended 30 June 2018, that was released, on Friday, in Cairo.

CBN establishes alternative dispute resolution platform for mortgage banks

In a renewed effort to build public confidence as well as engender soundness and stability in the mortgage banking sub-sector, the Central Bank of Nigeria (CBN) has established a sub-committee on Ethics and Professionalism for Mortgage Bankers.

Ex-Governor Orji Kalu loses bid to stop N3.2 billion corruption trial

Justice Muhammed Idris of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, July 31, 2018, dismissed a no-case submission filed by a former governor of Abia State, Orji Kalu, in his bid to stop his trial over an alleged N3.2 billion fraud.

Alleged N3.2 billion fraud: Prosecution closes case against Kalu, others

The Economic and Financial Crime Commission (EFCC) on Friday closed its case against a former Governor of Abia, Orji Kalu and two others charged with N3.2 billion fraud.

2019: A battle between forces of darkness and light – Festus Keyamo

A Senior Advocate of Nigeria and President Muhammadu Buhari’s spokesperson for the 2019 presidential election, Festus Keyamo, has described next year’s poll as “a battle between forces of darkness and light.”

President Buhari seeks confirmation NDIC board members

President Muhammadu Buhari has written the Senate to seek confirmation of senior Nigerian lawyer, Festus Keyamo, and six others as chairman and members of Nigeria Deposit Insurance Corporation.

President Buhari names Festus Keyamo, six others on NDIC board

President Muhammadu Buhari has appointed Lagos lawyer, Mr. Festus Keyamo (SAN), and six others as members of the board of the Nigeria Deposit Insurance Corporation (NDIC).

Festus Keyamo: Why I accepted President Buhari’s campaign appointment

Festus Keyamo, Lagos-based lawyer, says he accepted the appointment to be spokesman of the re-election bid of President Muhammadu Buhari because the president is “an approximation” of the values he cherishes and has fought for in his life”.

Governor Akeredolu appeals for adequate funding for universities

Gov. Oluwarotimi Akeredolu of Ondo State on Friday appealed to stakekeholders and well-meaning Nigerians to help bridge the funding gap of government-owned universities, for sustainable economic development.

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APC Primaries: Abdullahi Ganduje inaugurates 12-man reconciliation committee

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Presidency: No travel ban list

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