FFinance
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A former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu, has described Godwin Emefiele as the worst governor of the apex bank. Moghalu said Emefiele failed to maintain Naira stability, illegal lending practices, an unauthorised presidential campaign, and mishandling the Naira redesign policy. In a post on X, Moghalu said Emefiele was…
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The Nigeria Deposit Insurance Corporation, NDIC has reiterated its call to members of the public, particularly, the Medium, Small and Micro Enterprise (MSME) sector, to ensure they only save their money within the formal banking system. Insisting the NDIC has the capacity to protect all bank deposits, the Corporation said that such deposits enjoy effective…
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