NDIC

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...

September 20, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors and ex-staff of the defunct Peak Merchant Bank that it has concluded arrangements to pay their first liquidation dividend. This was contained in a statement signed...

September 10, (THEWILL) - The Acting Governor, Central Bank of Nigeria, (CBN), Mr. Folashodun Shonubi; Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbata, and the Managing Director/CEO, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, are among...

August 18, (THEWILL) - The Nigeria Deposit Insurance Corporation (NDIC), has disclosed plans to probe the directors of 179 Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs), whose licences were recently revoked by the Central Bank of...

The plan by the Federal Government to engage the microfinance banks (Mfbs) in the implementation of its N500 billion palliative programme, brings to the fore the need for the Nigeria Deposit Insurance Corporation (NDIC) to step up its statutory...

July 12, (THEWILL) - The Nigeria Deposit Insurance Corporation (NDIC), has advised students to be financially disciplined by embracing financial savings, budgeting habits and development, at all times, for a productive and better living. Mr Umar Kaoje-Bello, NDIC Zonal...

June 06, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has announced a plan to improve its Differential Premium Assessment System (DPAS) Framework through stakeholder input. The DPAS, implemented in 2008, aims to differentiate premiums paid by insured financial...

The newly appointed board chairman for the Nigerian Deposit Insurance Corporation, NDIC, Abdulhakeem Abdullateef, has said he would be prudent in the management of the agency’s resources. Mr Abdullateef disclosed this in a post in his verified Facebook account. The former...

May 09, (THEWILL) - The Senate, on Tuesday, confirmed the appointment of nominees for the Governing Board of the Nigerian Deposit Insurance Corporation (NDIC). The confirmation of the nominees followed the consideration of the screening report by the Senate Committee...