financial system Archives - DAILY TIMES Nigeria

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NFIU debunks ECOWAS N18bn ISWAP funding allegation

Ihesiulo Grace 7 December 2021 0

The Nigerian Financial Intelligence Unit (NFIU) has disagreed with the 2021 Mutual Assessment Evaluation on Nigeria released by the Economic Community of West African States agency, the Inter-Governmental Action Group against Money Laundering, alleging that N18 billion ISWAP funds were

Money

NDIC, stakeholders call for closer monitoring of COVID-19 impact on financial system

Ihesiulo Grace 4 September 2020 0

By Motolani Oseni The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has said that the implementation of effective fiscal and monetary policy measures are critical towards addressing the unexpected impact of the COVID-19 pandemic on the financial system. He made this in a speech delivered on his behalf by Mr Galadima Y. […]

Insurance News

NAICOM to reinstate sale of insurance products in banks

Ihesiulo Grace 6 March 2017 0

There are indications that some policy of Nigerian financial system may be reversed, one of which is incorporating insurance products marketing into banking businesses. This was revealed recently by the National Insurance Commission (NAICOM) which gave hope that Bancassurance may be reversed after its engagement with the Central Bank of Nigeria (CBN). The National

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