NDIC

NDIC begins review of approach to the determination of premium by banks – MD

• National News

NDIC begins review of approach to the determination of premium by banks – MD

Admin October 20, 2021

Oct. 20, 2021 …Insured financial institutions now to pay premium based on assessed risks The Nigeria Deposit...

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Liquidation: NDIC to begin payment of liquidation dividends to uninsured depositors in 14 banks

• National News

Liquidation: NDIC to begin payment of liquidation dividends to uninsured depositors in 14 banks

Admin June 28, 2021

June 28, 2021  The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation...

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NDIC Commences Closure of 42 Microfinance Banks After CBN’s Directive

• National News

NDIC Commences Closure of 42 Microfinance Banks After CBN’s Directive

Admin December 21, 2020

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 microfinance banks after a directive...

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relief for depositors of closed micro finance banks, PMBs as NDIC begins claims verification 

• Business & Economy
• National News

relief for depositors of closed micro finance banks, PMBs as NDIC begins claims verification 

Admin February 2, 2020

The Nigeria Deposit Insurance Corporation (NDIC) says it will on Feb. 3, commence claims verification for depositors...

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NDIC says in spite of negative ratings Nigerian banks remain stable

• Business & Economy
• National News

NDIC says in spite of negative ratings Nigerian banks remain stable

Admin December 10, 2019

The Nigeria Deposit Insurance Corporation (NDIC) on Tuesday said that the country’s banks remain stable in spite...

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2006 bank recapitalisation: Court fixes Dec to try ex-bankers’ suit against CBN, NDIC

• National News

2006 bank recapitalisation: Court fixes Dec to try ex-bankers’ suit against CBN, NDIC

Admin November 13, 2019

The National Industrial Court sitting in Lagos has fixed December 17 and 18 to try the suit...

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FG sets up inter-agency task force on N5trn AMCON debt recovery

• National News

FG sets up inter-agency task force on N5trn AMCON debt recovery

Admin September 17, 2019

  The Federal Government has taken another determined step in its bid to recover over N5 trillion...

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Senate Expresses Commitment to Amend NDIC Act…Resolves to Assist in the Investigation and Prosecution of all Involved in the Collapse of Defunct Skye Bank

• National News

Senate Expresses Commitment to Amend NDIC Act…Resolves to Assist in the Investigation and Prosecution of all Involved in the Collapse of Defunct Skye Bank

Admin November 23, 2018

  Umaru Ibrahim, MD/CEO NDIC   The Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions,...

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NDIC Pays N1.45bn to Over 16,000 Depositors of 34 Closed DMBs in 2017– Report

• Business & Economy

NDIC Pays N1.45bn to Over 16,000 Depositors of 34 Closed DMBs in 2017– Report

Admin November 18, 2018

        The Nigeria Deposit Insurance Corporation (NDIC), said it paid N1.45 billion to 16,...

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Electronic Fraud in Nigeria’s Banking Sector Projected to Hit N6.1trn by 2021— CBN Director

• National News

Electronic Fraud in Nigeria’s Banking Sector Projected to Hit N6.1trn by 2021— CBN Director

Admin November 14, 2018

  The Central Bank of Nigeria (CBN) has projected that electronic fraud loses in the country’s banking...

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