TAG: NDIC

Chasing Failed Bank Executives Too Late Is Futile

Nairametrics| An inter agency task force in charge of investigating failed financial institutions has said it will commence moves to...


NDIC Calls Bitcoins, Block Chain “Ponzi Schemes”

Nairametrics| The Nigeria Deposit Insurance Corporation, NDIC, has cautioned Nigerians against investing their hard earned funds in certain cooperative...


Analysis: Afriprud Registrars Changes Strategy

Nairametrics| At its recently held Annual General Meeting (AGM), Afriprudential Registrars got the approval of its shareholders to change...



CBN AND NDIC’s Tussle Over Funds In Dormant Accounts

Nairametrics| At a public hearing by the House of Representatives on amendment of the Banks and Other Financial Institutions...


NDIC Reports N53 billion Surplus, More Profitable Than Some Banks

Nairametrics| While some banks are experiencing decline in profits, and losses the National Deposit Insurance Corporation (NDIC) appears to...


Implication: NDIC Says N1.8tr In Bank Loans Are “Non-Performing”

Nairametrics| The Banking crisis of 2009/2010 is still very fresh in the minds of a lot of Nigerians especially when...



NDIC: Bank Depositors Paid N73.5Billion Dividend In 2012 – NDIC

  Managing Director/Chief Executive Officer, Nigerian Deposit Insurance Corporation, Alhaji Umaru Ibrahim, said a total of N73.5bn was paid...


NDIC Sets Aside N16Billion For Micro Finance Banks

The Nigerian Deposit Insurance Corporation (NDIC) has set aside N16 billion special fund for Micro Finance Banks (MFBs) in...


REMEMBER THEM? THE DEAD GENERATION BANKS OF YESTER YEARS

Lobi Bank, Abacaus, African Express Bank etc. remember those banks? Well, just over 10 years ago the Nigerian banking...