NDIC

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...

Former Commissioner for Home Affairs, in Lagos State, Honourable Abdulhakeem Mobolaji Abdullateef, has been appointed as board Chairman of the Nigeria Deposit Insurance Commission, NDIC. Abdullateef's appointment is coming after Ronke Sokefun, who was a former Commissioner for Urban and...

November 28, (THEWILL) - In keeping with its primary mandate of protecting depositors’ funds in registered financial institutions, the Nigeria Deposit Insurance Corporation, NDIC, has paid a cumulative sum of N113.2 billion to over 440,000 insured and uninsured depositors of...

September 02, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has published a final dividend declaration notice to depositors of 20 failed banks. The NDIC also published a final dividend declaration notice to creditors of five banks in-liquidation. The notice published on...