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…