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

National Assembly approves N74 billion 2021 budget for Police Trust Fund

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

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NDIC is officially closing 42 MFBs whose operating licenses had earlier been revoked by CBN.

SEC, Senate increases 2020 budget, Senate to investigate 7 oil companies over refusal to remit $21 billion, Senate to probe shutdown of Nigerian businesses in Ghana as retaliation trails border closure

Senate asks Committee to consider President Buhari’s appointees for AMCOM, NDIC

by Abiola Odutola

December 10, 2020

The Senate has asked its Committee to consider the confirmation of President Buhari's nominees for AMCOM, NDIC.

Depositors of Post Service Homes Savings and Loans Limited soon to be paid – NDIC

by Johnson Uche

October 7, 2020

Depositors of Post Service Homes Savings and Loans Limited currently in liquidation will soon be paid their claims.

NDIC set to pay insured depositors of liquidated Femaz Microfinance Bank

by Chidi Emenike

October 4, 2020

Insured depositors of the liquidated bank have been asked to come for verification and payment by the NDIC.

NDIC wants to be involved in the licensing of Nigerian banks

by Emmanuel Abara Benson

July 17, 2020

Regulatory stakeholders in the financial sector have been partaking in the adjustments to BOFIA 2004.

National Assembly approves Federal Government’s plan to borrow $11 billion in 2021, Senate urges FG to diversify from crude oil to natural gas production , Senate seeks textile importation ban , Senate receives six aviation sector bills from Buhari , PenCom: Constitute a board, NASS and pension operators tell FG, Nigeria’s total debt now N33trn —Senate, Senate confirms appointment of board members for NDIC, law reform commission, Senate to confirm reappointment of Danbatta as NCC boss, Senate investigates claims of NELMCO, AEDC over govt asset, Senate Investigate Banks over customers exploitation and high fees, 2021 Budget: Senate sets motion for budget defense, commences 2020 review, #EndSARS: States affected by hoodlums should get 1% VAT - Senate, Senate approves National Emergency Medical Services Agency, State House clinic: FG has budgeted N3.5 billion for State House Clinic since 2017

Senate confirms appointment of board members for NDIC, law reform commission

by Chike Olisah

June 9, 2020

The appointment of 2 non-executive directors for the NDIC and 3 members on the Board of Nigerian Law Reform Commission ...

Safeguarding your Bank account from COVID- 19 frauds.

How thieves use Covid-19 to defraud bank accounts

by Op-Ed Contributor

April 8, 2021

And how to safeguard your bank account from COVID- 19 related frauds.

NDIC donates N1 billion for COVID-19 relief fund

by Chidinma Nwagbara

April 9, 2020

The Nigeria Deposit Insurance Corporation (NDIC) has joined the growing list of corporate organisations and individuals who are donating to ...

Tag: NDIC