The Nigeria Deposit Insurance Corporation (NDIC) says it has paid N1.48 billion to no fewer than 10,312 insured depositors of the 47 newly failed Microfinance Banks (MFBs). NDIC in its ...
The Nigeria Deposit Insurance Corporation (NDIC) has begun paying insured deposits to customers of the 46 recently failed microfinance banks. The NDIC Managing Director and Chief Executive, Mr. Thompson Sunday, ...
The Nigeria Deposit Insurance Corporation (NDIC) says the corporation is managing assets of almost 600 failed banks and working to ensure that depositors are paid their uninsured deposits. Mrs. Patricia ...
Dec. 16, 2025 The Nigeria Deposit Insurance Corporation (NDIC), says it has commenced the process of liquidating Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, following ...
September 27, 2025 An alleged notorious ponzi scheme operator in Enugu State, Chinedu Roland Okoronkwo stood trial on Friday, before Justice F. O. Giwa-Ogunbanjo of the Federal High Court sitting ...
The importance of banks in driving the economy cannot be over-emphasised. In developing countries, banks are noted as the most important intermediary and which provides the greater financial services and ...
July 27, 2025 The Nigeria Deposit Insurance Corporation (NDIC), says it is committed to the reimbursement of outstanding insured amounts to all eligible depositors of the failed Heritage Bank. The ...
NDIC The Nigeria Deposit Insurance Corporation (NDIC) has started payment of N46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank. This is contained in statement on Sunday ...
March 30, 2025 The Nigeria Deposit Insurance Corporation (NDIC), says it will declare the first tranche of liquidation dividends from Heritage Bank’s asset realisation in April. According to NDIC, it ...
The Nigeria Deposit Insurance Corporation (NDIC) said that it has successfully and transparently auctioned the defunct Heritage Bank’s assets which included landed properties and chattels. Its Managing Director, Bello ...
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