The Nigeria Deposit Insurance Corporation (NDIC) took out a publication in The Nation Newspaper today, 30th January 2018 to issue a disclaimer on a grant scheme being peddled by a Stevens Finances Services vide the link

In the publication, the Corporation stated they they are not in partnership with the aforementioned entity in order to offer free loans as a part of an alleged Youth Empowerment scheme and advised the public to be weary of the advert as the NDIC’s mandate does not include the provision of loans, grants or any other financial services to the general public.

The NDIC has invited the public to notify it of any form of solicitations from the aforementioned entity or any other entity positing itself as acting on behalf of the Corporation by calling their toll free line – 080063424357 or emailing them on

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