Depositors of 23 distressed Nigerian banks will be refunded by Nigerian Deposit Insurance Corporation (NDIC), the corporation’s managing director, Bello Hassan, assured. Hassan said depositors whose...
The last may not have been heard of the under current moves aimed at selling one of the nationalized banks, Keystone Bank which has been stalled. This is against the backdrop...
Two new generation banks are technically bankrupt, Ripples has learnt. Investigations showed that the Capital Adequacy Ratios (CARs) of these two commercial banks fell below regulatory...
