NDIC Warns Against Unlicensed Money Schemes
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) has warned Nigerians against keeping their money in unlicensed financial schemes, particularly those offering unrealistic returns. The Corporation said the collapse of Ponzi schemes has repeatedly exposed Nigerians to significant financial losses from entrusting their savings to unregulated operators. The Managing Director/Chief Executive of the NDIC, […]