NDIC begins N46.6bn payout to top Heritage Bank depositors
Photo caption: Hawwau Gambo The Nigeria Deposit Insurance Corporation has commenced the payment of N46.6bn as the first tranche of liquidation dividends to depositors of
Category : Banking
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About Banking News Today
The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.
Money supply rises to N114tn despite CBN’s tightening measures
Photo caption: Naira notes Nigeria’s broad money supply rose to N114.22tn in March 2025 despite aggressive monetary tightening by the Central Bank of Nigeria,
