Tuesday, 19th March 2024
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NDIC

1 Mar
Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of licensed banks nationwide of swift payment of insured sums in the event of bank failure.
18 Feb
The International Monetary Fund (IMF) has called for an increase in current amount of deposit insurance coverage provided by Nigeria Deposit Insurance Corporation (NDIC) to reflect inflation and currency depreciation in the country.
26 Jan
The plan by the Nigeria Deposit Insurance Corporation (NDIC) and the Federal Inland Revenue Service (FIRS) to spend a combined N8.7 billion on software alone this year has received mixed reactions from stakeholders.
18 Dec
Nigeria Deposit Insurance Corporation (NDIC) said it has invigorated its liquidation activities and greatly increased its debt recovery rate leading to the declaration of 100 per cent liquidation dividends to uninsured depositors of over 20 deposit money banks in-liquidation.
12 Dec
Immediate past Managing Director and Chief Executive Officer of the Nigerian Deposit Insurance Association (NDIC), Umaru Ibrahim has said that many banks failed over non-compliance to risk management.
8 Dec
The Nigeria Deposit Insurance Corporation (NDIC) has said payment of about N16.18 billion to depositors of 20 liquidated financial institutions has begun.
30 Nov
The Nigeria Deposit Insurance Corporation (NDIC) is seeking the recovery of over N400 billion debts owed by liquidated banks for timely payment of their liquidation dividend – the amount in excess insured deposits, which is N500,000 in the case of commercial banks.
17 Oct
The Nigeria Deposit Insurance Corporation (NDIC) has urged the Institute of Chartered Accountants of Nigeria (ICAN) to incorporate courses on the Deposit Insurance System (DIS) into its education programmes and modules.
2 Oct
The Nigeria Deposit Insurance Corporation (NDIC), has declared additional over N16 billion as liquidation dividend to be paid to depositors, creditors and shareholders of 20 banks in-liquidation.
27 Sep
The Nigeria Deposit Insurance Corporation (NDIC) has secured three ISO certifications to boost its efficiency.
11 Sep 2023
President Bola Ahmed Tinubu has been called upon to do more to ensure the inclusion of persons living with disabilities (PLWDs) in the governance of the country.
14 Aug 2023
To engender development and chart better direction for the country, a former Director, Nigerian Deposit Insurance Corporation (NDIC), Mr Solomon Segun Ojo, has advised Nigerians to be model citizens and play critical roles in the political and economic emancipation of the nation. He gave the charge while delivering a lecture at the 33rd yearly lecture…

Latest

1 hour ago
The Nigeria Police high command has dimissed allegations of nepotism and ethnic sentiments by the Inspector General of Police, IGP Kayode Egbetokun.
1 hour ago
Director General, the Institute for Peace and Conflict Resolution, (IPCR), Dr. Joseph Ochogwu, has condemned recent killing of 16 army personnel including a commanding officer and two majors, describing the act as one perpetuating violence instead of peace.
1 day ago
I am not too sure politicians would want to line up to the courts in 2027, particularly when you already feel cheated by the kind of judgments we were getting. If you cannot beat them, you must join them.
1 day ago
President Bola Tinubu on Monday expressed confidence that the All Progressives Congress (APC) is on the path to victory in the September 2024 gubernatorial election in Edo State. The President spoke while presenting the party's flag to the state gubernatorial candidate, Senator Monday Okpebholo, and his running mate, Hon. Dennis Idahosa at the Presidential Villa,…
1 day ago
The Abuja Division of the Court of Appeal has dismissed an appeal brought before it by Jude Chidiebere, a former husband to Nigeria's envoy to Argentina, Chikerenwa Cordelia Anyatonwu over joint ownership of property in Abuja. Justice Okon Abang in a judgement delivered on Monday, dismissed the appeal for want of merit. Chidiebere had sued…
1 day ago
The Nigeria Police High Command has dismissed allegations of nepotism and ethnic sentiments by the Inspector General of Police, IGP Kayode Egbetokun. A story on the IGP’s tribal inclinations had gone viral on social media. Police spokesman, ACP Muyiwa Adejobi who said there is no truth in the allegation noted that there was a need…
1 day ago
Nigeria said internet and data services disrupted by an undersea cable cut last week have been restored. Nigerian Communications Commission (NCC) said that services have now been restored to approximately 90% of their peak utilisation capacities as of Monday evening. "All operators who were impacted by the cuts have taken recovery capacity from submarine cables,…
1 day ago
The Inspector General of Police, IGP Kayode Egbetokun has presented a whooping N1.5 Billion insurance money to widows and next-of-kins of policemen who died in the line of duty. The cheques were presented at the police headquarters, Abuja by the IGP and his lieutenants. The benefits, according to IGP were given to the relatives of…
1 day ago
Nigeria's Super Eagles defender Tyronne Ebuehi will miss the friendly games against Ghana and Mali due to injury. Ebuehi picked up the injury in Empoli's Serie A game against Bologna on Friday. He was introduced into the game in the 66th minute as Empoli went on to lose the game 1-0 courtesy of a 94th…
1 day ago
The Nigerian Army has condemned the alleged resort to propaganda by Okuama community in Delta State following the gruesome killing of troops who were on a peace mission. Sixteen soldiers of troops of 181 Amphibious Battalion of the Nigerian Army were said to have been murdered while on a peaceful and mediatory mission after a…