NDIC

January 10, (THEWILL) – The Nigeria Deposit Insurance Corporation in collaboration with the Bureau for Public Procurement is holding a three-day retreat in Kano to enhance its procurement and financial management processes. The retreat, themed “Developing Innovative...

December 04, (THEWILL) - The Nigeria Deposit Insurance Corporation has advised customers of closed banks yet to receive their payment to visit the bank with their evidence to claim their funds. The Managing Director/Chief Executive of the corporation, Mr Bello...

September 29, (THEWILL) – For Nigeria to achieve the $1 trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other stakeholders, have emphasised the need for banks and Fintech companies to collaborate and...

September 27, (THEWILL) – The Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has re-emphasised the commitment of the Corporation towards ensuring financial service stability in the country. He also noted that the Corporation would remain...

September 11, (THEWILL) – The Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Hassan Bello, will deliver the keynote address at the annual conference of the Finance Correspondents Association (FICAN) billed to hold on September 28 and...

August 29, (THEWILL) – The Nigerian Deposit Insurance Corporation (NDIC) will, at the expiration of its notice released on August 23, 2024, approach a Federal High Court to grant the order to dissolve 87 microfinance banks and primary...

June 05, (THEWILL) - The Nigerian Deposit Insurance Corporation (NDIC) says the payment of depositors in Heritage Bank will commence before the end of the week. THEWILL earlier reported that the Central Bank of Nigeria (CBN) had revoked the operational...

May 2, (THEWILL) - The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage of all deposit-taking financial institutions in the country. In a statement on Thursday, NDIC Managing Director, Hassan Bello, said the maximum deposit...

The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that the Corporation has introduced the Single Customer View (SCV) framework to expedite payment to depositors of closed banks while reiterating that their priority is to protect Nigerian depositors. Speaking at the...

October 03, (THEWILL) - Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation (NDIC) has announced the declaration of N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20...