NDIC

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By: Elizabeth Christopher The Nigeria Deposit Insurance Corporation (NDIC) says it remains committed to ensuring that those who contribute to the failure of banks are properly investigated and prosecuted.  The Managing…

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The Nigeria Deposit Insurance Corporation (NDIC) says it has paid more than N1.7 billion claims to insured depositors of failed institutions from recovered debts. The Managing Direcror/Chief Executive of NDIC, Mr Bello…

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The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to ensure safety of the banking system in line with the mandate for its establishment by the Nigerian government. This was made known in a speech read…

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The Nigeria Deposit Insurance Corporation (NDIC) has commended the judiciary for its effort to engender better practices in the deposit insurance sector through effective justice systems. The NDIC said with improved understanding…

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The National Deposit Insurance Corporation (NDIC) has said that it remains committed to “upholding the highest ethical standards in its corporate governance practices and  is investigating the allegations of financial impropriety against…

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The Nigeria Deposit Insurance Corporation has commenced verification of insured depositors of Peak Merchant Bank in-liquidation for payment of its insured sums. According to a statement signed by the Director, Communication and Public…

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The President of the Enugu Chamber of Commerce, Industries Mines and Agriculture, (ECCIMA) Mr Jasper Nduagwuike has urged the Central Bank of Nigeria (CBN), and the Nigeria Deposit Insurance Corporation, NDIC, to ensure that the financial…

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The  Industrial  Training  Fund   (ITF)   has   conferred   the   award   of   “Best Contributing Employer in Human Resources Development” for the 2022 Service Year on the Nigeria Deposit Insurance Corporation (NDIC).  The award was…

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The Nigerian Deposit Insurance Corporation says it has achieved 100 percent liquidation of 20 out of the 49 Deposit Money Banks that are closed down. The managing Director of the Corporation, Mr. Bello Hassan, who disclosed this…

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The Nigeria Deposit Insurance Corporation, NDIC, has called on depositors of 20 closed banks in which it has declared full liquidation dividends to come forward for verification and payment of their deposits that are in excess of the…