The Nigeria Deposit Insurance Corporation (NDIC), has inaugurated an administrative block built, furnished and donated to Government Secondary School, Ballah in Asa Local Government Area of Kwara. The Managing Director of NDIC, Mr Bello Hassan, when inaugurating the project on…
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…
Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan has predicted an increase in the number of microfinance banks listed on the National Association of Microfinance Banks Unified Information Technology (NAMBUIT) platform this year. Hassan made the prediction at…
By Matthew Denis In a bid to enhance banking culture in the country, the Nigeria Deposit Insurance Corporation (NDIC) has paid 100 percent of depositors funds of 49 failed banks in country. This was disclosed by the Managing Director of…
…Bags Public Sector CEO of the Year In a bid to enhance banking culture in the country, the Nigeria Deposit Insurance Corporation (NDIC) has paid 100 per cent of depositors of 20 failed banks in the country. This was disclosed…
By Matthew Denis The Managing Director and Chief Executive officer of Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has disclosed that the Corporation has recovered depositors’ N8.3billion from their banks and resolved 248 complaints between January to November, 2022. He…
The role of Nigerian Deposit Insurance Corporation (NDIC) in reviewing policies and programmes to enhance its regulatory and supervisory functions in the Deposits Money Banking (DMBs) cannot be overlooked. The corporation has been engaging stakeholders and members of the Senate…
By Matthew Denis The Director of Communication and Public Affairs, Nigerian Deposit Insurance Corporation (NDIC), Mr. Bashir Nuhu has revealed that legal Challenges towards revocation and liquidation activities, Non Amendment of relevant sections of NDIC acts that further empower the…
…Says adequate funding is crucial to effective implementation of deposit insurance system By Matthew Denis The Managing Director and Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan has disclosed that the corporation has paid a whopping total sum…
By Idris Bakare The Nigeria Deposit Insurance Corporation (NDIC) has urged shareholders, creditors and depositors of the 20 failed banks to come for verifications and payment of their liquidation dividend. NDIC, in its determination to secure depositors’ funds, had declared…
