NDIC goes after debtors of Heritage Bank, vows to pay uninsured depositors, creditors
The Nigeria Deposit Insurance Corporation (NDIC) said it has commenced the process of recovering debts from debtors of the recently ...
Tag: Nigeria Deposit Insurance Corporation
Buhari hails CBN, NDIC, NAICOM, others on financial system stability
President Buhari has commended critical stakeholders in the banking and financial sector for their diligent work over the years to ...
Bank managers cause of bank failures in Nigeria – NDIC
Nigeria Deposit Insurance Corporation (NDIC), stated that bank failures are caused by officers entrusted to look after the institutions.
NDIC denies sale of Polaris Bank to Babangida’s son-in-law, insists all Nigerian banks are safe
The reaction from NDIC follows recent media reports that Polaris Bank has been secretly sold to a new investor.
NDIC says Nigeria banking sector is immune to economic shock
The NDIC has stated that the banking sector is now immunized to withstand shocks that may impact the economy and ...
NDIC begins process of paying depositors of 3 failed microfinance banks
The Nigeria Deposit Insurance Corporation (NDIC) has begun the process of paying depositors in 3 failed micro-finance banks.
NDIC says deposit insurance scheme does not cover bank directors, staff
The NDIC has insisted that its Deposit Insurance Scheme (DIS) does not cover insider deposits which are made up of ...
NDIC deploys SCV to safeguard microfinance banks’ customers from bank failure
The NDIC has created a SCV platform that will be deployed to microfinance banks to avoid delays in depositor reimbursement ...
Bank failure: Over 97% of depositors at deposit money banks are covered by the NDIC
In the event of a bank failure, the Nigeria Deposit Insurance Corporation (NDIC) stated that over 97 per cent of ...
NDIC to collaborate with bankers’ committee, others to tackle cybercrimes
The Nigeria Deposit Insurance Corporation (NDIC) is in collaboration with the bankers' committee and other government agencies to check the ...
