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NDIC remits N7bn into Consolidated Account in 2018

NDIC remits N7bn into Consolidated Account in 2018

The Nigeria Deposit Insurance Corporation (NDIC) has remitted N7billion into Consolidated Revenue Account as its operating surplus for 2018 operations. Its Managing Director/Chief Executive, Mallam Umar Ibrahim made this disclosure on Thursday in Abuja at the inauguration of newly appointed board of Director of the Corporation by the Minister of Finance Hajiya Zainab Ahmed. Umar […] …

FRSC establishes fire fighting unit in Kaduna

FRSC establishes fire fighting unit in Kaduna

NAN) The Kaduna Sector Command of the Federal Road Safety Corps (FRSC) says it has established a Fire Fighting Unit to save lives in accidents that involve fire outbreaks. The Sector Commander, Umar Ibrahim, made the disclosure on Wednesday in Kaduna during the flag-off ceremony of the 2018 Ember Months Campaign tagged: “Safety Driving, Safe […]
The post FRSC establishes fire fighting unit in Kaduna appeared first on The Sun Nigeria. …

Digital currency threat to financial stability – Ibrahim, NDIC boss

We are running a corrupt system, says Osinbajo

According to Ibrahim, the proliferation of digital currency like Bitcoin has led to the partial disintermediation of the banking system. Omodele Adigun Since the advent of digital currency, traditional banking institutions have not remained the same again. In fact, “the fabric of the global financial stability is constantly being threatened”, says Umar Ibrahim, the Managing Director/Chief […]
The post Digital currency threat to financial stability – Ibrahim, NDIC boss appeared first on The Sun Nigeria. …

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