NDIC

Don’t worry: Your money is safe in all banks – NDIC assures depositors

• Business & Economy

Don’t worry: Your money is safe in all banks – NDIC assures depositors

Admin March 31, 2023

The Nigeria Deposit Insurance Corporation (NDIC) on Thursday in Enugu sent a message to depositors, urging them...

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NDIC publishes final dividend declaration call to depositors, creditors of 20 failed banks

• National News

NDIC publishes final dividend declaration call to depositors, creditors of 20 failed banks

Admin September 2, 2022

September 2, 2022 The Nigeria Deposit Insurance Corporation (NDIC), has published a final dividend declaration notice to...

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Banks fail because of insider corruption – Bello Hassan, NDIC MD

• Business & Economy

Banks fail because of insider corruption – Bello Hassan, NDIC MD

Admin August 10, 2022

Mr. Bello Hassan, the Managing Director, Nigeria Deposit Insurance Corporation (NDIC), has blamed the failure of banking...

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Ponzi scheme: Beware of fraudulent financial institutions – NDIC warns Nigerians 

• National News

Ponzi scheme: Beware of fraudulent financial institutions – NDIC warns Nigerians 

Admin August 10, 2022

August 10, 2022 The Nigeria Deposit Insurance Corporation (NDIC), has advised Nigerians to beware of ponzi scheme...

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Our deposit insurance scheme don’t cover bank directors, staff – NDIC

• National News

Our deposit insurance scheme don’t cover bank directors, staff – NDIC

Admin April 27, 2022

April 27, 2022 The Nigeria Deposit Insurance Corporation (NDIC), says its Deposit Insurance Scheme (DIS) does not...

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Failed banks: 5535, 815 depositors, others received N119.1bn from NDIC in 2021- MD

• National News

Failed banks: 5535, 815 depositors, others received N119.1bn from NDIC in 2021- MD

Admin April 1, 2022

April 1, 2022 The Nigeria Deposit Insurance Corporation (NDIC) says it has paid N119. 1 billion as...

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How We Used Bridge Banks to Secure Depositors’ N1.021trn Deposits – NDIC

• Business & Economy

How We Used Bridge Banks to Secure Depositors’ N1.021trn Deposits – NDIC

Admin November 28, 2021

November 28, 2021 The adoption of the Bridge Banks option by the Nigeria Deposit Insurance Corporation (NDIC)...

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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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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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