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MKO Abiola’s daughter confirmed as NDIC executive director

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Omolola Edewo, the first daughter of the acclaimed winner of the 1993 presidential election, Moshood Abiola also known as MKO, was on Wednesday confirmed...

Senate confirms Keyamo, others as NDIC board members

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The Senate on Wednesday confirmed the appointment of legal practitioner Festus Keyamo and others as board members of the Nigerian Deposit Insurance Corporation (NDIC). Ronke...

EFCC grills ex-Skye Bank chairman Tunde Ayeni over multi-billion naira fraud

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The Economic and Financial Crimes Commission on Tuesday quizzed former chairman of Skye Bank Plc (now Polaris Bank) Tunde Ayeni over fraud allegations. Mr Ayeni,...

Why we revoked Skye Bank’s licence – CBN

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Gentlemen of the Press 1. You will recall that on 4th July 2016, we took a regulatory action on Skye bank Nigeria PLC. Specifically, this...

BREAKING: CBN revokes Skye Bank’s licence

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The Central Bank of Nigeria (CBN) has withdrawn the operating licence of Skye Bank. Chairman of the Nigeria Deposit Insurance Corporation (NDIC), Umar Ibrahim, made...

Grow your money like grass: Another Ponzi, NNN, entices Nigerians with...

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With participants still reeling under the freezing of the operation of Mavrodi Mondial Movement (MMM) in Nigeria, another Ponzi scheme has emerged with promises...