NDIC

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...

April 24, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has commenced verification of insured depositors of Peak Merchant Bank in-liquidation towards payment of their insured sums. This is in line with its mandate of deposit guaranty and reimbursement...

The Nigeria Deposit Insurance Corporation (NDIC) has warned bank customers and the public against displaying their bank details saying fraudsters were becoming more creative. The NDIC in its official website on Friday gave out four tips for bank customers to...