…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…
The adoption of the Bridge Banks option by the Nigeria Deposit Insurance Corporation (NDIC) has prevented systemic crisis and secured N1.021 trillion deposits which ensured that depositors access their funds and financial services. Mr Bello Hassan, Managing Director of the…
By Olaleye Anuoluwapo-Abuja The Nigeria Deposit Insurance Corporation (NDIC) has been consistent in its Corporate Social Responsibility (CSR) at the grassroots which has impacted positively on the lives of the people and communities it serves. This formed part of the remarks…
By Olaleye Aanuoluwapo, Abuja Nigeria Deposit Insurance Corporation (NDIC) announced yesterday payment of N11.76billion to 535, 815 deposit customers of closed banks. The Managing director of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has on Tuesday disclosed at…
The Chairman Senate Committee on Banking Insurance and other Financial Institutions, Senator Uba Sani at the weekend disclosed that the Senate would push and ensure that both the Nigerian Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN)…
The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has called on the Institute of Chartered Accountants of Nigeria (ICAN) to include courses on the deposit insurance system (DIS) into the Institute’s programs and modules…
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…
By Kayode Tokede The Managing Director and Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has stressed the need for effective collaboration between regulators and operators in the banking system for the establishment of sound ethics and professionalism…
By Kayode Tokede The Nigeria Deposit Insurance Corporation (NDIC) has said Nigerian banks lost over N264.5 billion to fraudsters between 2017 and September 2020. NDIC’s executive director, corporate services, Mrs. Omotola Abiola-Edewor, stated this at the Corporation’s 2021 annual capacity…
