ndic

The Nigeria Deposit Insurance Commission (NDIC) has urged the National Assembly to develop a stronger legal framework to empower the commission to discharge its mandate more effectively in…

The Bridge Bank option applied by Nigeria Deposit Insurance Corporation (NDIC) did not only prevent a systemic crisis, it secured N1.021trillion deposits which ensured that depositors had…

The Nigeria Deposit Insurance Corporation (NDIC), on Wednesday said it has paid the sum of N100.85 billion to uninsured depositors of Deposit Money Banks (DMBs) as at the end of June 2021.…

More than six high-profile electronic bank fraud cases took place in Nigeria between February and July this year. Among these was the failed attempt on an account of a Federal Government…

The Nigeria Deposit Insurance Cooperation (NDIC) has charged the Chartered Institute of Bankers (CIBN) to rein in on its members on the need to comply with the high standards expected of…

The newly appointed bosses of the Nigerian Deposit Insurance Corporation (NDIC) and Asset Management Corporation of Nigeria (AMCON) are yet to assume duties almost two weeks after their…

The Nigeria Deposit Insurance Corporation (NDIC) has stated that a limited understanding and the widespread misconception of the Deposit Insurance System (DIS) in Nigeria was largely…

President Muhammadu Buhari has asked the Senate to confirm the nominations of Bello Hassan as the new Managing Director MD, of the Nigeria Deposit Insurance Corporation NDIC, as well as…

The total earnings of Nigeria's banking sector declined by 11 percent to N27 trillion as at September 2020 as lending reduced due to the effects of Covid-19 pandemic. Galadima Gana,…

The Nigeria Deposit Insurance Corporation (NDIC) on Wednesday raised concerns on how it could identify and insure non-bank deposit taking institutions licenced by the Central Bank of Nigeria…