By Tony Obiechina, Abuja Hide quoted textManaging Director and Chief Executive, Nigeria Deposit Insurance Corporation (NDIC) Bello Hassan has said the corporation has commenced sale of...
By Tony Obiechina, Abuja The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of recovering loans acquired by debtors of the recently liquidated Heritage Bank...
The Senate on Tuesday at plenary passed a bill to strengthen the capacity of the Nigeria Deposit Insurance Corporation’s(NDIC) to safeguard depositors fund and strengthen financial...
By Tony Obiechina, Abuja Nigeria Deposit Insurance Corporation (NDIC) says it has strengthened its collaboration with the judiciary to expedite the prosecution of failed financial institutions....
By Tony Obiechina, Abuja In discharge of its deposit guarantee mandate, the Nigeria Deposit Insurance Corporation (NDIC) says it has so far paid 82.36 percent of...
By Tony Obiechina, Abuja Following the revocation of the banking license of Heritage Bank Plc by the Central Bank of Nigeria (CBN) on Monday, the Nigeria...
The Nigeria Deposit Insurance Corporation (NDIC) says it has started the liquidation process of Heritage Bank with immediate verification and payment of insured deposits to bank...
The Nigeria Deposit Insurance Corporation (NDIC) says building strong depositors’ confidence in banks and other financial institutions will ensure continuous safety and soundness in the financial...
By Tony Obiechina, Abuja In a determined effort to enhance depositors’ protection and public confidence, the Nigerian Insurance Deposit Corporation (NDIC) on Thursday raised the maximum...
The Nigeria Deposit Insurance Corporation (NDIC), has reviewed upward the maximum deposit insurance coverage for depositors of all licenced deposit taking financial institutions in event of...