The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, has asked depositors, creditors and shareholders of 20 liquidated banks to avail themselves of its verification platforms to claim their funds. Hassan, who made the call at the…
By Matthew Denis Abuja The Chartered Institute of Bankers of Nigeria (CIBN) has honoured the Executive Director, Operations of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Mustapha M. Ibrahim and eleven (11) other Senior Executives with Honorary Awards. This is…
The Nigeria Deposit Insurance Corporation (NDIC) has begun the training of 100 students and teachers on imperative of bank savings in Adamawa. NDIC’s Coordinator, Mrs Regina Dimilong said this at the inauguration of a one-day sensitisation exercise to mark the…
The Nigeria Deposit Insurance Corporation (NDIC) has issued verification notice to depositors of Post Service Savings and Loans in-liquidation. The NDIC on its official Twitter handle on Saturday, said the verification was to effect payment of insured deposits to the…
The Nigeria Deposit Insurance Corporation (NDIC) has taken the gospel of financial savings to students in secondary schools in Bauchi State to mark this year’s World Savings Day. The Corporation, while speaking with newsmen in Bauchi at the Government Comprehensive…
By Idris Bakare Bank Directors Association of Nigeria (BDAN) has called for the review of necessary regulations to prevent the deposit money banks from paying insurance on deposits sterilised with the Central Bank of Nigeria (CBN). The Directors said banks…
The Nigeria Deposit Insurance Corporation (NDIC), says it will continue to work with the Central Bank of Nigeria (CBN) to conduct Risk Based Supervision (RBS) in its insured financial institutions. RBS is a comprehensive, formally structured system that assesses risks…
Twelve Nigerian banks listed on the Nigerian Exchange (NGX) paid N62.41 billion to the Nigerian Deposit Insurance Corporation (NDIC) as deposit insurance premium in the first half of 2022. This represents a 15.4 per cent increase compared to N54.07 billion…
The Nigeria Deposit Insurance Corporation (NDIC) says it is committed to ensuring that Micro-finance Banks (MFBs) in the country are fully digitised. Its Managing Director, Mr Bello Hassan, represented by Mr Bashir Nuhu, the Director, Communication & Public Affairs Department…
By Matthew Denis Abuja The Minister of Finance Budget and National Planning Dr Zainab Shamsuna Ahmed has stated that the Ministry in collaboration with the Central Bank of Nigeria, Nigerian Deposit Insurance Corporation and other relevant Government agencies has made…
