NDIC increases Maximum Deposit Insurance coverage from N500k to N5m

The Nigeria Deposit Insurance Corporation (NDIC) on Thursday increased the maximum deposit insurance coverage levels for Deposit Money Banks from N500,000 to N5 million. The Managing Director of NDIC, Bello Hassan, announced this in Abuja at a press conference, stating…

Relocate now, Ogun urges residents in flood-prone areas 

The Ogun State government has alerted residents living in flood-prone areas to consider relocating to safer ground or creating higher elevations within their residences as the rainy season begins. The state Commissioner for Environment, Ola Oresanya, disclosed this during a…

NURTW, NARTO deny smuggling food items to Chad, Cameroon

The leadership of the Nigerian Association of Road Transport Owners (NARTO) in conjunction with the National Union of Road Transport Workers has denied a report that said they are smuggling food items to Chad, Cameroon, and Central Africa. In a…

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