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...
By Tony Obiechina, Abuja Nigeria Deposit Insurance Corporation (NDIC) is committed to ensuring that persons who contribute to the failure of banks are properly investigated and...
By Tony Obiechina, Abuja Nigeria Deposit Insurance Corporation (NDIC) has reimbursed depositors of 179 rested microfinance and four mortgage banks across the country. The Managing Director...
By Tony Obiechina, Abuja The Nigeria Deposit Insurance Corporation (NDIC) said it has paid an insured sum of over N1.7 billion to customers of Microfinance banks...
By Tony Obiechina, Abuja The Nigeria Deposit Insurance Corporation (NDIC) said it is recovering over N400 billion from debtors of liquidated banks in the country. Speaking...
The Nigeria Deposit Insurance Corporation (NDIC) has called on the Institute of Chartered Accountants of Nigeria (ICAN) to incorporate courses on Deposit Insurance System (DIS) in...
