…Assures depositors of payment amid ongoing asset recovery efforts By Sodiq Adelakun The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of the defunct Heritage Bank that challenges delaying access to guaranteed sums above the N5 million limit are being…
By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC), has reiterated its commitment toward ensuring excellent and exceptional service delivery to stakeholders. The Managing Director of NDIC, Bello Hassan said this at the 2024 NDIC Customer Service Week (CSW) celebration…
The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors with above N5million in the defunct Heritage Bank of reimbursement through the liquidation of the Bank’s dividends. NDIC’s Managing Director and Chief Executive Officer, Mr. Bello Hassan made this known during…
The Nigeria Deposit Insurance Corporation (NDIC) has attributed its swift payment of depositors of the failed Heritage Bank to advanced technology and robust cybersecurity measures. The Managing Director of NDIC, Mr Bello Hassan, disclosed this at the 2024 Mid-Year Enterprise…
The Chief Executive Officer of the National Deposit Insurance Corporation, Bello Hassan, has urged bankers in the country to pay attention to cybersecurity. He stated this on Friday at the swearing-in ceremony of Professor Pius Olanrewaju as the 23rd president/chairman…
By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC) has inaugurated its Anti-corruption & Transparency Unit. “NDIC has a culture of zero tolerance for corruption, which is further strengthened by its core values of Teamwork, Respect and Fairness, Integrity, Professionalism,…
By Matthew Denis The Nigeria Deposit Insurance Corporation (NDIC) remains committed to ensuring that those who contribute to the failure of banks are properly investigated and prosecuted. This is contained in a statement signed by the Director, Communication & Public…
The Minister of State for Youth Development, Mr. Ayodele Olawande and the Nigeria Deposit Insurance Corporation (NDIC) are exploring partnership to boost financial inclusion in the country. The NDIC Managing Director/Chief Executive Mr. Bello Hassan made this known when he…
The Nigeria Deposit Insurance Corporation (NDIC) has revealed that it has paid an insured sum of N1.084bn to 29,573 depositors of MFBs, MPBs. The payment follows the revocation of licenses for 179 Microfinance Banks and 4 Primary Mortgage Banks by…
The International Association of Deposit Insurers, African Regional Committee (IADI-ARC) has appointed the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan its Vice Chairperson. The appointment was made at the IADI-ARC Annual General Meeting (AGM)…
