FICAN

Heritage Bank: NDIC commences debt recovery to ensure payment of depositors fund exceeding N5m

• Business & Economy

Heritage Bank: NDIC commences debt recovery to ensure payment of depositors fund exceeding N5m

Admin September 26, 2024

Sept. 26, 2024 The Nigeria Deposit Insurance Corporation (NDIC), says plans are ongoing to pay depositors of...

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NDIC invigorates failed banks’ liquidation activities, debt recovery rate – MD

• Business & Economy

NDIC invigorates failed banks’ liquidation activities, debt recovery rate – MD

Admin November 29, 2023

Nov. 29, 2023 The Nigeria Deposit Insurance Corporation (NDIC) says it has invigorated its banks’ liquidation activities...

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NDIC declares 100% dividend to pay depositors of 20 liquidated banks

• Business & Economy
• National News

NDIC declares 100% dividend to pay depositors of 20 liquidated banks

Admin November 28, 2022

Nov. 28, 2022 Mr. Bello Hassan, Managing Director, Nigeria Deposit Insurance Corporation (NDIC), said the corporation in...

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Above 97% of depositors would be covered in event of bank failure – NDIC assures

• Business & Economy

Above 97% of depositors would be covered in event of bank failure – NDIC assures

Admin October 26, 2021

Oct. 26, 2021 … N128.4m in DMBs as at 2019 Mr Bello Hassan, Managing Director of the...

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Revoked licenses: NDIC successfully closes 325 MFBs, 50 PMBs, 49 DMBs

• Business & Economy

Revoked licenses: NDIC successfully closes 325 MFBs, 50 PMBs, 49 DMBs

Admin October 22, 2021

Oct. 22, 2021 The Nigeria Deposit Insurance Corporation (NDIC) says it has successfully closed 325 MFBs, 50...

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Non-performing loan sees improvement from 6.58% to 5.9 % in August 2021

• Business & Economy

Non-performing loan sees improvement from 6.58% to 5.9 % in August 2021

Admin October 22, 2021

Oct. 22, 2021 … CBN reiterates banks remain stable, resilient The Central Bank of Nigeria (CBN) says...

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Payment of liquidation dividends to depositors of failed banks ongoing – NDIC

• Business & Economy
• National News

Payment of liquidation dividends to depositors of failed banks ongoing – NDIC

Admin October 22, 2021

Oct. 22, 2021 The Nigeria Deposit Insurance Corporation (NDIC) is currently settling the liquidation dividends of depositors...

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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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Refund to bank customers stands at over N76bn, $20.9m – CBN

• Business & Economy
• National News

Refund to bank customers stands at over N76bn, $20.9m – CBN

Admin December 12, 2019

The Central Bank of Nigeria (CBN) says the refund to bank customers as at Nov. 30 stood...

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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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