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NDIC
News and stories about NDIC
AMCON might cease to be operational as CBN, NDIC and Ernst & Young call for the institution to be scrapped.
Mobile Money customers can rest easy as the NDIC has included mobile money operators in its insurance coverage.
The MD/ Chief Executive of NDIC, Umaru Ibrahim has expressed optimism in tackling emerging threats facing the banking industry.
The Nigeria Deposit Insurance Corporation has disclosed that it has refunded over N526, 414 depositors of closed Deposit Money Banks.
Following the slight decline of MFB's bad loans recorded last year, the CBN has warned banks to not enforce insurers on borrowers.
The Nigerian banking industry lost N15.15 billion to cyber-crime and forgeries in 2018. This amount was 539% higher...
NDIC has revealed that the licenses of 153 Micro-Finance Banks (MFBs) were revoked in 2018 with cumulative ₦116.2 billion paid to depositors, creditors and shareholders.
The Nigeria Deposit Insurance Corporation (NDIC) has revealed it safeguarded N949.6 billion depositors' funds during the resolution of the failed Sky Bank Plc. The development was disclosed by the NDIC in its latest annual report covering 2018.
The Managing Director, and Chief Executive officer, Nigeria Deposit Insurance Corporation has advised Nigerians to be careful about adopting the recent crypto-currencies as their means of transaction.
The Nigerian Deposit Insurance Corporation, NDIC, has responded to 'unfounded claims' by shareholders over the collapse of Fortis Microfinance Bank.
Members of the NDIC board were recently inaugurated.
The Nigeria Deposit Insurance Corporation (NDIC) has informed the public of the official liquidation of Fortis Microfinance Bank and its branches nationwide, a statement on NDIC official website disclosed.