News NDIC set to pay N16.18bn liquidation dividends to failed banks’ depositors Alagbe Shenayon Dec 8, 2023 The Nigeria Deposit Insurance Corporation (NDIC) has announced its readiness to carry out full liquidation dividend payments,…
Business How NDIC Paid N11.84b To Over 443,949 Insured Depositors, N101.37b To… Olusegun Kugbayi Nov 29, 2022 The Nigeria Deposit Insurance Corporation (NDIC) on Monday said as of June 2022, cumulatively paid N11.83 billion to over 443,949…
NDIC warns Nigerians, says it doesn’t cover investments by fund managers Oluwadamilare Emmanuel Aug 4, 2022 The Nigeria Deposit Insurance Corporation (NDIC) has said it doesn’t cover investment by fund managers, even as it advised…
Business Court orders CBN, NDIC to pay bank employees N5.7bn Toyibat Ajose May 24, 2022 The National Industrial Court in Lagos has ordered the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation…
NDIC, CIBN Strenghten Collaboration To Enhance Professionalism In Banking… Admin Newsclickng May 13, 2021 Alfred Kayode The newly-appointed Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Mr.Bello…
NDIC begins closure Of 42 Microfinance Banks Oluwadamilare Emmanuel Dec 22, 2020 The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 microfinance banks after a directive from the…
EXCLUSIVE: NDIC boss to proceed on terminal leave after completion of… Oluwadamilare Emmanuel Oct 19, 2020 The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation (NDIC), Mr. Umaru Ibrahim will in December…
Beware of “wonder banks”, NDIC warns Nigerians Oluwadamilare Emmanuel Mar 22, 2018 The Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to be wary of “wonder banks” that give extraordinary interest…