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National Assembly To Begin NDIC Act Amendment

The Chairman, House of Representatives Committee on Insurance and Actuarial Matters, Darlington Nwokocha, has stated that the committee’s is ready with the...

NDIC Pays 535,815 Closed Banks’ Depositors N11.76bn

The Nigeria Deposit Insurance Corporation has said that 467 banks have either been liquidated or undergoing the process of complete liquidation by...

Deposit Insurance coverage limits not designed to be static but subject To ...

The Nigeria Deposit Insurance Corporation, NDIC, has again provided a more robust explanation with regard to seeming lack of understanding of its...

NDIC Begins Review Of Deposit Premium Payment For Banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of reviewing deposit insurance premiums for Nigerian banks. According...

NDIC To Partner BPSR On Innovation In Service Delivery

The managing director/chief executive, Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has said it is ready to partner the Bureau of...

NDIC COMMENCES PAYMENT OF LIQUIDATION DIVIDENDS TO DEPOSITORS, OTHER STAKEHOLDERS IN 14 CLOSED BANKS

The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation dividends to uninsured depositors, creditors and shareholders of...

NDIC Begins Payment Of Uninsured Deposits

The Nigeria Deposit Insurance Corporation has disclosed plans to commence the payment of liquidation dividends to depositors of the 14 failed banks...

NDIC Boss Tasks ICAN Member-auditors On Integrity, Accuracy

The Managing Director of the Nigeria Deposit Insurance Corporation, NDIC, Bello Hassan, has charged professional auditors who are members of the Institute...

NDIC Considers Increase in N2tn Depositors’ Insurance Fund

The Nigeria Deposit Insurance Corporation (NDIC) has expressed the urgency to fast-track the build-up of depositors’ insurance fund, currently put about N2...

Banks Lost Over N5bn To Fraudsters In Nine Months — NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has stated that it is in collaboration with sister agencies in law enforcement to curtail cybercrimes...

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