Nigeria Deposit Insurance Corporation, NDIC, has reiterated that a resilient financial system has the capacity to respond to a range of shocks, stating that the stability recorded in Nigerian banks was due largely to the proactive policies and support of the regulatory authorities. The Managing Director/Chief Executive, NDIC, Bello Hassan while speaking at the…
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid N119. 1 billion as insured sums to 5535, 815 depositors, creditors and shareholders of closed banks as at Dec. 29, 2021.
The Nigerian Deposit Insurance Corporation (NDIC) is committed to the stability of the country’s financial system, and has deployed means of ending bank failure in the country.
10 Dec 2021
The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has explained that the Corporation has paid a cumulative of N101.76 billion to over 535, 815 insured depositors of liquidated banks.
26 Oct 2021
Mr Bello Hassan, Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), has assured depositors that in the event of failure of a bank, above 97 per cent of depositors would be fully covered by the Corporation.
14 Sep 2021
The Managing Director and Chief Executive Officer of Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has commended the Anti-Corruption and Transparency Units
20 Jul 2021
The Managing Director/ Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has called on the Institute of Chartered Accountants of Nigeria (ICAN) to include courses on the deposit insurance system (DIS) in its training modules to deepen understanding of the scheme among finance professionals. The NDIC boss made the call…
8 Jul 2021
The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has expressed the readiness of the corporation to partner with the Bureau...
11 May 2021
The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has stressed the need for collaboration between regulators and operators in the banking system for sound ethics and professionalism in the industry.
26 Aug 2020
Amid moves by the Central Bank of Nigeria (CBN), to instil discipline in the Nigerian Electricity Supply Industry (NESI), consumers in the first five months of the year consumed about N293 billion worth of electricity
5 Apr 2015
The Nigerian shippers Council (NSC) has been carrying out its regulatory functions. There are indications that, because of some other factors, there is increase throughput into Nigerian Ports. However, that has just been slowed down by the current economic trend, the volatility in the oil sector, and more specifically, the fluctuation in the volume of Nigerian cargoes.