
Nigeria Deposit Insurance Corporation (NDIC) has commenced verification and payment of insured depositors in 33 of the 83 Micro-Finance Banks whose licences were revoked in...

Alhaji Umaru Ibrahim, managing director/chief executive officer of Nigeria Deposit Insurance Corporation (NDIC), has projected that the future of the banking industry will be more complex...

Alhaji Umaru Ibrahim, managing director of the Nigeria Deposit Insurance Corporation, said yesterday that the Central Bank of Nigeria has approved the liquidation of 83 licensed...

The Nigeria Deposit Insurance Corporation (NDIC) is considering an advance payment of insured deposits once the licence of any insured institution is withdrawn by Central Bank...

Nigeria Deposit Insurance Corporation (NDIC) has lamented the low level of turn out by depositors of failed banks to collect their insured deposits. Prince Aghatise Erediauwa,...

The federal government has approved the takeover of the management and control of the National Economic Reconstruction Fund by the Central Bank of Nigeria (CBN) and...