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Published on 01:25 GMT

NDIC, judiciary partner on failed banks dispute resolution

The National Judicial Institute and the Nigeria Deposit Insurance Corporation on Monday convened a sensitisation seminar for Justices of the Court of Appeal in Lagos, aimed at strengthening judicial capacity in bank liquidation matters and enhancing …

Source: Punch - Indeterminate
Published on May 6, 2026

Amidst Mounting OPEX, Eight Banks’ AMCON, NDIC Expenses Hit N993.34bn

Kayode Tokede Zenith Bank Plc and seven others Deposit Money Banks (DMBs) spent an estimated N993.34 billion as Asset Management Corporation of Nigeria (AMCON) and Nigeria Deposit Insurance Corporation (NDIC) expenses in 2025 amid rising operating …

Source: This Day - Pro-Government
Published on Apr 27, 2026

Nigerian fintech turns to automated wealth tools as inflation erodes savings value

As inflation continues to erode the value of cash holdings in Nigeria, digital lender and microfinance bank, FairMoney Microfinance Bank is increasingly pushing automated wealth tools to help retail customers protect their purchasing power, senior …

Source: Business Day - Neutral
Published on Apr 17, 2026

NDIC permanently down shuts down 89 banks in Nigeria - See the full list of affected insitutions

NDIC has begun the final liquidation of several microfinance and mortgage banks in Nigeria. See the full list of affected banks and what it means for customers. The Nigeria Deposit Insurance Corporation (NDIC) confirmed on Wednesday that it is concluding …

Source: Pulse - Neutral
Published on Apr 17, 2026

No, Nigeria’s Polaris bank is not going through any liquidation process

IN SHORT: Social media posts claim Nigeria's Polaris bank is about to be liquidated. But the Central Bank of Nigeria has denied this. In March 2024, the Central Bank of Nigeria (CBN) introduced a recapitalisation policy, giving banks until March 2026 …

Source: Africa Check - Pending
Published on May 4, 2026

OPay seeks $4bn valuation in potential US IPO

OPay Digital Services, a fintech focused on Nigeria, is reportedly preparing for a potential US stock market listing. According to a Bloomberg report, the company is working with Citigroup, Deutsche Bank, and JPMorgan Chase & Co. on an initial public …

Source: Electronic Payments International - Pending
Published on May 4, 2026

EFCC arraigns ex-Skye Bank chairman Tunde Ayeni over N15.6 billion fraud

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned former Chairman of the defunct Skye Bank Plc, Tunde Ayeni, over alleged fraud involving N15.6 billion. The Commission disclosed this in a statement released via its X handle on Monday …

Source: Nairametrics - Neutral
Published on Apr 12, 2026

Crisis of Insider Complicity in Nigeria’s Financial Sector

Unexplained debits often signal insider fraud in Nigerian banks, as trusted hands quietly move billions from customer accounts, writes Festus Akanbi Somewhere between the polished marble floors of Nigeria’s banking halls and the sleek interfaces of mobile …

Source: This Day - Pro-Government
Published on Apr 30, 2026

Senate Confirms Yuguda As CBN Deputy Governor, Peggy Onwu As NDIC Director

April 30, (THEWILL) — The Senate, on Wednesday, confirmed the nomination of former Securities and Exchange Commission (SEC) Director-General, Lamido Yuguda, as Deputy Governor of the Central Bank of Nigeria (CBN). Lawmakers also confirmed the appointment …

Source: The Will - Neutral
Published on Apr 29, 2026

BANK SCAMS AND THE INSIDERS

Banks must pay more attention to curbing incidents of fraud One of the most serious challenges facing Nigerian Banks and Other Financial Institutions (OFIs) remains incidents of fraud, particularly those that have the accoutrements of insiders. Data from …

Source: This Day - Pro-Government
Published on Apr 19, 2026

NDIC Finalising Liquidation of 89 Defunct Microfinance, Mortgage Banks

April 19, (THEWILL) — The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of winding down 89 defunct Microfinance Banks (MFBs) and one Primary Mortgage Bank (PMB), following their successful resolution under the Purchase and …

Source: The Will - Neutral
Published on Apr 17, 2026

ICYMI: NDIC to conclude liquidation of 89 microfinance, mortgage banks as new owners take over

Stay connected via Google News The Nigeria Deposit Insurance Corporation says it has commenced the process of concluding the liquidation of 89 microfinance banks (MFBs) and primary mortgage banks (PMBs) whose licences were revoked in 2023. In a statement …

Source: The Cable - Neutral
Published on Apr 17, 2026

NDIC to conclude liquidation of 89 microfinance banks, others

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their successful acquisition by new owners. The …

Source: Premium Times - Neutral
Published on Apr 17, 2026

FULL LIST: NDIC is concluding liquidation of these microfinance, mortgage banks

The Nigeria Deposit Insurance Corporation (NDIC) has released the list of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) as it moves to conclude their liquidation process. The NDIC said on Wednesday that it is concluding the …

Source: Premium Times - Neutral
Published on Apr 16, 2026

NDIC Begins Final Wind-Down of 89 Failed Microfinance, Mortgage Banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of liquidating 89 defunct Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) nationwide after their takeover by new operators under its resolution framework. The …

Source: TVC News Nigeria - Pro-Government
Published on Apr 27, 2026

Banks grapple with asset quality, validation tests after N4.65tr capital

Less than a month after the banking sector emerged from the ashes of an ambitious recapitalisation with near 100 per cent success, benign, quiet but noticeable multi-level concerns about sustainability risks are gaining traction. Outside the walls of banks …

Source: The Guardian (Nigeria) - Neutral
Published on Apr 16, 2026

Banking5 days ago NDIC Begins Final Liquidation of 89 Microfinance Banks, Mortgage Banks

By Adedapo Adesanya The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of liquidating 89 defunct Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) nationwide after their takeover by new operators under its resolution …

Source: BusinessPost Nigeria - Indeterminate
Published on Apr 16, 2026

NDIC Commences Final Liquidation Process for 89 Failed Microfinance, Mortgage Banks

NDIC Commences Final Liquidation Process for 89 Failed Microfinance, Mortgage Banks Moves to court for dissolution after successful transfer of assets to new owners The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding …

Source: Silverbird TV - Pending
Published on Apr 16, 2026

Failed Banks: NDIC Commences process to Conclude Liquidation of 89 MFBs & PMB

By Tony Obiechina, Abuja The Nigeria Deposit Insurance Corporation (NDIC) has concluded the process of liquidating 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their successful acquisition by new owners under the Purchase …

Source: Prompt News Online - Neutral

06 days 21:14:22

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Published on May 11, 2026 - 23:53 GMT

Custom Legal Marketing Wins Communicator Award of Distinction

San Francisco, California – Law firm SEO company, Custom Legal Marketing, has been honored with an Award of Distinction at the Communicator Awards for its website, custom.legal. The company shortened its URL from customlegalmarketing.com to custom.legal …

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Published on May 11, 2026 - 20:00 GMT

NUAI Investor Alert: New Era Energy & Digital Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the ...

NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP alerts investors in New Era Energy & Digital, Inc. (NASDAQ: NUAI) of a pending securities class action. Class Period: November 6, 2024 through December 29, 2025. Check if you can …

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Published on May 12, 2026 - 00:59 GMT

NEW ERA ENERGY LAWSUIT ALERT: Bragar Eagel & Squire, P.C. Urges New Era Energy & Digital, Inc. Investors with Large ...

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In New Era Energy (NUAI) To Contact Him Directly To Discuss Their Options If you purchased or acquired New Era Energy securities between November 6, …

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Published on May 11, 2026 - 16:00 GMT

Deadline Alert: New Era Energy & Digital, Inc. (NUAI) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke &...

LOS ANGELES, May 11, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming June 1, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired …

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Published on May 11, 2026 - 20:05 GMT

BEFORE YOU LET AI HANDLE YOUR LEGAL PROBLEMS, HERE'S WHAT YOU SHOULD CONSIDER

More people are turning to artificial intelligence tools for legal help, like using chatbots to draft divorce paperwork, fight traffic tickets, write contracts and even prepare court filings. AI tools are fast, often free and available instantly. But legal …

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Published on May 11, 2026 - 20:30 GMT

Bakkt Reports First Quarter 2026 Results

Cash and cash equivalents and restricted cash of $82.6 million as of March 31, 2026 — sufficient liquidity to execute across all three growth engines Completed the acquisition of Distributed Technologies Research ("DTR") on April 30, 2026 in an …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 11, 2026 - 09:00 GMT

Miracles for Kids Raises Record-Breaking $350,000 at 2026 Sold-Out Miracles in Bloom Tea Presented by Diamond Wish

300 Philanthropic Leaders and Community Changemakers Gathered in Support of Critically-Ill Children and Families in Need DANA POINT, CA, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Miracles for Kids welcomed 300 guests at the 6th Annual …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 11, 2026 - 20:08 GMT

Fighting the Rising Costs of Housing Insurance

Governor Kathy Hochul today announced a $2 million loan to Milford Street, an insurance collective created, owned and operated by members of New York’s affordable housing industry to combat rising liability insurance premiums. A captive is a form of self- …

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Published on May 12, 2026 - 00:00 GMT

TFSF Ventures commits to making AI agent deployment accessible to all

TFSF Ventures announces a commitment to making production-grade AI agent architecture accessible to mid-market businesses, with details coming Thursday. DUBAI, UNITED ARAB EMIRATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- TFSF Ventures FZ-LLC, an AI …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 11, 2026 - 23:51 GMT

Right Law Group Expands Criminal Defense and DUI Services to Adams County, Colorado

Colorado criminal defense firm, Right Law Group, now serving Adams County residents facing felony, misdemeanor, and DUI charges. DENVER, CO, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Right Law Group, a Colorado criminal defense and DUI …

Distribution channels: Business & Economy, Companies ...
Published on May 11, 2026 - 21:09 GMT

RightFit Introduces End-to-End Growth System for Accounting Firms Following Busy Season

Helping managing partners reduce burnout, attract right-fit clients, and implement scalable growth systems after another demanding tax season. INDIANAPOLIS, IN, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- After another demanding busy …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 11, 2026 - 20:35 GMT

LifeSafer Expands Alcohol Interlock Services to Western Australia to Support Safer Roads

LifeSafer expands its global road safety footprint in Western Australia with approved alcohol interlock services that support safer roads and compliance. AUSTRALIA, May 11, 2026 /⁨EINPresswire.com⁩/ -- LifeSafer, a global leader in alcohol …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 11, 2026 - 20:24 GMT

American Institute of Criminal Law Attorneys Names Sandman, Finn, and Fitzhugh a 10 Best Law Firm

Raleigh criminal defense law firm Sandman, Finn, and Fitzhugh is recognized for consistency, clear client communication, and strong standing among clients. . RALEIGH, NC, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Sandman, Finn & …

Distribution channels: Law ...
Published on May 11, 2026 - 20:13 GMT

EPC Group Launches Mid-Market Microsoft 365 Acceleration Suite — Five Fixed-Fee Packages From $7,500

Five fixed-fee packages for mid-market organizations of 100–2,500 users: Power BI Governance, Copilot Readiness, Purview Hardening, Fabric, Power Platform CoE. HOUSTON, TX, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- North America's …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on May 11, 2026 - 19:38 GMT

Relativity and CDS expand partnership to operationalize AI across real legal workflows

NEW YORK, NY, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Relativity, a global leader in legal data intelligence, today announced a new commercial agreement with CDS to expand adoption of AI-powered legal workflows. The agreement focuses on …

Distribution channels: Business & Economy, Companies ...
Published on May 11, 2026 - 19:00 GMT

Allied Security Trust opens IP3 2026, Marking 11th Year of Direct Patent Sales & Licensing to 30+ Global Tech Companies

AST will open their IP3 2026 submissions on June 22, 2026 offering patent owners a direct, fixed-price path to sale or licensing with 30+ global tech companies. PRINCETON, NJ, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Allied Security …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 11, 2026 - 18:39 GMT

William J. Edwards to Receive Paul G. Hearne Award for Disability Rights From the American Bar Association

FASD United congratulates William J. Edwards, a leading expert in FASD and the law and Deputy Public Defender in Los Angeles County, California. WASHINGTON, DC, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- FASD United congratulates William …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 11, 2026 - 17:22 GMT

Jason Kohlmeyer Graduates from Goldman Sachs 10,000 Small Businesses Program

Southern Minnesota attorney Jason Kohlmeyer completed the Goldman Sachs program for growth-oriented small business owners. MANKATO, MN, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Jason Kohlmeyer, managing partner of Kohlmeyer Hagen Law …

Distribution channels: Business & Economy, Education ...
Published on May 11, 2026 - 17:10 GMT

San Luis Obispo College of Law Class of 2026 Graduation at Cuesta College CPAC on Saturday, May 16, 2026, 1:00 p.m.

Graduation ceremony Saturday, May 16, at 1:00 p.m., at Harold J. Miossi Cultural and Performing Arts Center, Cuesta College, CA-1, San Luis Obispo. SAN LUIS OBISPO, CA, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- San Luis Obispo College …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 11, 2026 - 17:09 GMT

Starr Holding Revolutionizes Post-Signature Management with Launch of Contractfolder.com

Starr Holding is proud to announce the official launch of Contractfolder.com. MALVERN, PA, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Starr Holding Company is proud to announce the official launch of Contractfolder.com, a premier web …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 11, 2026 - 16:59 GMT

Top Attorney Lisa A. Parlagreco Recently Featured on Close Up Radio

MIAMI, FL, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Lisa Parlagreco is the founder of a law firm bearing her name. They have built a legacy by achieving measurable results and offering dedicated legal representation with a focus on …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 11, 2026 - 16:01 GMT

RCS: Helps Northern Nevada Businesses Reduce Downtime, Strengthen Cybersecurity, and Improve IT Compliance Readiness

RENO, NV, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Reno Computer Services, also known as RCS, is helping Reno and Northern Nevada businesses move away from reactive IT support and toward a more reliable, secure, and compliance-aware …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 11, 2026 - 15:58 GMT

Bicycle Accident Lawyers Group Included in SoCalCycling.com's California Bicycle Accident Attorney Directory

The Bicycle Accident Lawyers Group is featured prominently in the cycling publication's statewide bicycle accident attorney directory. LOS ANGELES, CA, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Bicycle Accident Lawyers Group (BALG) …

Distribution channels: Law ...
Published on May 11, 2026 - 15:18 GMT

Vorys Jumps 34 Spots to No. 126 in 2026 AmLaw 200 Rankings

Vorys recorded the largest jump of any firm this year and achieved the second largest percentage increase in gross revenue among all AmLaw 200 firms. COLUMBUS, OH, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Vorys made a historic leap in the 2026 …

Distribution channels: Law ...
Published on May 11, 2026 - 15:14 GMT

Prince George's County sued for disability discrimination and retaliation

Complaint alleges the County terminated a disabled employee 10 days after she filed a written discrimination complaint with Human Resources. BOWIE, MD, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Civil rights law firm Justly Prudent …

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Published on May 11, 2026 - 15:00 GMT

MyLegal Announces MyLegal 4, a Unified AI Platform Poised to Redefine Corporate Legal Operations

New platform eliminates fragmented legal tech stacks—bringing AI, automation, CLM, and DMS into a single system designed for the future of legal work EL DORADO HILLS, CA, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- MyLegal® today announced …

Distribution channels: Business & Economy, IT Industry ...
Published on May 11, 2026 - 14:16 GMT

Legora Executive Leonard Schreij Discusses AI, Legal Risks & the Future of Lawyers on Sanjay Puri’s RegulatingAI Podcast

Leonard Schreij said on the Regulating AI Podcast that AI will transform legal work, not replace lawyers. WASHINGTON, DC, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Speaking at the World Economic Forum in Davos on the RegulatingAI …

Distribution channels: Business & Economy, IT Industry ...
Published on May 11, 2026 - 14:02 GMT

Alan Fried Attorney at Law Reaffirms Long-Standing Commitment to Family Law in Brooklyn, New York

With 33 Years of Experience, Alan Fried Continues to Provide Comprehensive Legal Representation and Client-Focused Advocacy for Families BROOKLYN, NY, UNITED STATES, May 11, 2026 /⁨EINPresswire.com⁩/ -- Alan Fried Attorney at Law, based in …

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