By Matthew Denis The Managing Director and Chief Executive Officer of Nigeria Deposit Insurance Commission ( NDIC), Mr. Bello Hassan has disclosed that the Commission has increased debt recovery rate leading to declaration of 100 percent Liquidation dividends to depositors…
By Matthew Denis The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan has disclosed that apart from rendering insurance coverage for depositors of Deposit Money Banks (DMBs), Primary Mortgage Banks (PMBs) and Microfinance Banks…
By Moses Adeniyi The Nigeria Deposit Insurance Corporation (NDIC) has said it is working assiduously to ensure the review of the Act governing its operation is finalised before the end of the 9th Assembly to enable President Muhammadu Buhari assent…
…Pays over 108.708 bn to 443,946 insured, uninsured depositors of in-liquidation banks …As Bridge Bank option secures N1.02trn deposits, saves 12,667 jobs By Uthman Salami The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of the overall review of contribution of…
Mr Bello Hassan, Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), has assured depositors that in the event of failure of a bank, above 97 per cent of depositors would be fully covered by the Corporation. Hassan gave the…
By Olaleye Aanuoluwapo, Ibadan The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has reiterated the corporation’s committed to protecting customers’ deposits amid the infiltration of financial payment platforms in the nation’s financial institutions. Speaking in his…
By Aanuoluwapo Olaleye, Abuja The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has expressed the readiness of the Corporation to partner with the Bureau of Public Service Reforms (BPSR) towards enhancing innovation in…
