1 min readBy NCW Editorial
NDIC Warns against Ponzi Schemes, Asks Nigerians to Keep Mooney in Licensed Banks
Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to keep their funds in licensed and regulated financial institutions, warning against entrusting their hard-earned money to unlicensed fund managers and Ponzi schemes promising unrealistic returns.
Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to keep their funds in licensed and regulated financial institutions, warning against entrusting their hard-earned money to unlicensed fund managers and Ponzi schemes promising unrealistic returns.
About this article
- Length
- 34 words · 1 min read
- Published
- September 30, 2026
- Byline
- NCW Editorial