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…
By Seun Ibiyemi and Matthew Denis The Nigeria Deposit Insurance Corporation (NDIC) following impressive recoveries from debtors and realisation of assets of banks in liquidation, has announced declaration of N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20…
By Seun Ibiyemi About 350 law enforcement agents and legal practitioners have so far been trained by the Nigeria Deposit Insurance Corporation (NDIC), from the second quarter of 2023 till date. The corporation on its X (formerly Twitter) handle on…
By Matthew Denis On Tuesday, the MSECB a leading international provider of audit and certification services, has granted the Nigeria Deposit Insurance Corporation (NDIC) three International Organization for Standardization (ISO) certifications. A statement by Director, Communications and Public Affairs of…
By Matthew Denis The Nigeria Deposit Insurance Commission (NDIC) is set to pay liquidation dividends to depositors and ex-staff of defunct merchant bank. This was contained in a statement signed by the Director, Communication & Public Affairs, Mr. Bashir Nuhu…
By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC) will begin the investigation of the directors and officers of the 183 banks whose licences were revoked earlier this year. The Managing Director of the NDIC, Mr Bello Hassan, said this…
The Nigeria Deposit Insurance Corporation (NDIC) will begin the investigation of the directors and officers of the 183 banks whose licences were revoked earlier this year. The Managing Director of the NDIC, Mr Bello Hassan, said this at a one-day…
By Seun Ibiyemi The Nigeria Deposit Insurance Commission (NDIC) has begun the process of payment of depositors in 179 microfinance banks and four primary mortgage banks across the country. This was contained in a statement on the commission’s website where…
The Nigeria Deposit Insurance Corporation has advised students to be financially disciplined by embracing financial savings, budgeting habits, and developing at all times for a productive and better living. The NDIC Zonal Controller in Sokoto, Mr Umar Kaoje-Bello, gave the…
No fewer than 180 students in Enugu State were on Thursday trained on financial discipline and savings by the Nigeria Deposit Insurance Corporation (NDIC). The students, who were drawn from three schools namely; Metropolitan Girls, Urban Girls and City Girls Secondary…
