Igbo Traders Association send petition to CBN over indiscriminate bank charges

Inflation rate, LDR: Growing the real sector by fiat?, Rapid increase in food prices temporary – Emefiele, CBN and other industry stakeholders establish N1 billion Bankers’ Charitable Endowment Fund , How the CBN’s OMO restriction is affecting the market , Nigerian economy to grow by 2.38% in Q4 - CBN, New CBN report shows Nigerians will reduce consumption of luxury items, Banks violating CBN’s directive on N50 charge on accounts, send contradictory messages, What is on Godwin Emefiele’s mind?, These CBN policies are contradictory and stifling on banks, What you need to know as Banks rebrand CBN intervention funds to woo borrowers, CBN extends timeframe for submission of audited financial statements by other financial institutions, CBN to launch Tertiary Institutions’ Entrepreneurship Scheme, CBN tackles cybersecurity threats as it issues guidelines for OFIs

The South-East Amalgamated Markets Traders Association has addressed a petition to the Central Bank of Nigeria alleging indiscriminate bank charges ...

Bank failure: Over 97% of depositors at deposit money banks are covered by the NDIC

by Ubah Jeremiah Ifeanyi

November 22, 2021

In the event of a bank failure, the Nigeria Deposit Insurance Corporation (NDIC) stated that over 97 per cent of ...

Overcharged bank customers can petition the CBN or NDIC for a refund – Hassan Bello

by Ubah Jeremiah Ifeanyi

November 3, 2021

The Nigerian Deposit Insurance Corporation, NDIC, has stated that customers who discover that they have been overcharged, can petition the ...

NDIC commences payment of liquidation dividend to depositors of 14 closed banks

NDIC to collaborate with bankers’ committee, others to tackle cybercrimes

by Ubah Jeremiah Ifeanyi

October 23, 2021

The Nigeria Deposit Insurance Corporation (NDIC) is in collaboration with the bankers' committee and other government agencies to check the ...

NDIC commences review of risk based premium for banks

by Ubah Jeremiah Ifeanyi

October 21, 2021

The Nigerian Deposit Insurance Corporation (NDIC) has commenced steps to introduce a risk-based deposit insurance premium for Deposit Money Banks ...

NDIC says it has paid N101 billion to depositors of failed banks

by Ubah Jeremiah Ifeanyi

October 6, 2021

As of June 30, 2021, the Nigeria Deposit Insurance Corporation (NDIC) had paid a total of N101.67 billion in uninsured ...

NDIC warns bank customers against falling prey to ponzi schemes

by Ubah Jeremiah Ifeanyi

October 6, 2021

Bank depositors have been warned by the Nigeria Deposit Insurance Corporation (NDIC) against falling prey to Ponzi schemes. This was ...

National Assembly approves N74 billion 2021 budget for Police Trust Fund

Senate, NDIC partner to protect depositors’ funds against cyber-attack in banks

by Abiola Odutola

July 18, 2021

Senate is set to partner NDIC to protect depositors' funds against cyber-attack across commercial banks.

NDIC commences payment of liquidation dividend to depositors of 14 closed banks

by Chike Olisah

June 28, 2021

The NDIC has announced its readiness to begin payment of liquidation dividends to uninsured depositors, creditors and shareholders of 14 ...

154 failed banks: Insurance corporation commences payment to depositors , NDIC settles over 500,000 failed banks, MFB depositors, Defunct Savannah Bank not yet liquidated – NDIC clarifies , NDIC to use AI, digital technology to tackle emerging threats to banks , NDIC extends insurance coverage to mobile money subscribers, FG moves to capture 80% of Nigerians in formal financial services sector

NDIC set to liquidate 42 Microfinance Banks

by Johnson Uche

December 20, 2020

NDIC is officially closing 42 MFBs whose operating licenses had earlier been revoked by CBN.

Tag: NDIC