NDIC says it has paid N101 billion to depositors of failed banks
As of June 30, 2021, the Nigeria Deposit Insurance Corporation (NDIC) had paid a total of N101.67 billion in uninsured ...
Tag: NDIC
News and stories about NDIC
NDIC warns bank customers against falling prey to ponzi schemes
Bank depositors have been warned by the Nigeria Deposit Insurance Corporation (NDIC) against falling prey to Ponzi schemes. This was ...
Senate, NDIC partner to protect depositors’ funds against cyber-attack in banks
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
The NDIC has announced its readiness to begin payment of liquidation dividends to uninsured depositors, creditors and shareholders of 14 ...
NDIC set to liquidate 42 Microfinance Banks
NDIC is officially closing 42 MFBs whose operating licenses had earlier been revoked by CBN.
Senate asks Committee to consider President Buhari’s appointees for AMCOM, NDIC
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
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
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
Regulatory stakeholders in the financial sector have been partaking in the adjustments to BOFIA 2004.
Senate confirms appointment of board members for NDIC, law reform commission
The appointment of 2 non-executive directors for the NDIC and 3 members on the Board of Nigerian Law Reform Commission ...
