
The Senate Committee on Banking, Insurance and Other Financial Institutions, has pledged to support the Nigerian Deposits Insurance Corporations (NDIC) to carry out its functions more...
Nigeria Deposit Insurance Corporation (NDIC) said it adhered to statutory guidelines on the resolution and liquidation of Fortis Microfinance Bank (MFB) and the protection of interest...

About thirty seven Micro Finance Banks, MFB’s may soon seize to exist for not being able to meet necessary conditions. Mrs. Ronke Sokefun, chairman of the...

Nigeria Deposit Insurance Corporation (NDIC) has proposed stiff penalties for negligent directors of failed banks, toserve as a deterrent to officers and directors of banks, and...

Nigeria Deposit Insurance Corporation (NDIC) has announced that it would start paying shareholders of the defunct Continental Merchant Bank Plc from Monday, March 23, 2020. A...

Nigeria Deposit Insurance Corporation (NDIC) has said that 40 per cent of Nigerians do not have access to financial services. Umaru Ibrahim, managing director/CEO, NDIC, said...

Nigeria Deposit Insurance Corporation (NDIC), said it has fully paid all depositors of the 18 failed banks their deposits and paid creditors and shareholders of the...

Nigerian Deposit Insurance Corporation (NDIC) has listed factors responsible for collapse banks in the country including; massive insider abuses by their owners; poor corporate governance arrangement;...

Nigeria Deposit Insurance Corporation (NDIC) has responded to technological innovations and applications in financial services with the establishment of a new “Fintech and Innovations unit” to...

Nigeria Deposit Insurance Corporation (NDIC) said it will today (February 3) commence claims verification for depositors of the three Micro Finance Banks and Primary Mortgage Banks...