
Nigeria Deposit Insurance Corporation (NDIC) has said its prompt resolution of banks’ failure over the years saved the banking sector from systemic collapse. Mrs Ronke Shokefun,...

Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of reviewing deposit insurance premiums for Nigerian banks. According to NDIC, the move is part of efforts...

Nigeria Deposit Insurance Corporation (NDIC) said it has paid N118.71 billion to both the insured and uninsured depositors of failed banks as of June this year....

Mr. Bello Hassan, managing director/chief executive, Nigeria Deposit Insurance Corporation (NDIC), has said it is ready to partner the Bureau of Public Service Reforms (BPSR) towards...

Nigeria Deposit Insurance Corporation (NDIC) said it is ready to pay uninsured creditors, depositors and shareholders of 14 closed banks their liquidation dividends. In a release...

Dr Bayo Olugbemi, president, Chartered Institute of Bankers of Nigeria (CIBN) has called on the Nigeria Deposit Insurance Corporation( NDIC) to partner with the Institute to...

Senate has passed the Asset Management Corporation of Nigeria Amendment (AMCON) bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions....

Nigeria Deposit Insurance Corporation (NDIC) is to go tough on debtors of failed banks, according to Mr. Bello Hassan, new managing director of the organization. Hassan,who...

Banks in the country lost over N5 billion to fraudsters within a nine-month period in 2020, according to Nigeria Deposit Insurance Corporation (NDIC). Mrs Omotola Abiola-Edewor,...

Investment and Securities Tribunal (IST) has ordered the Nigeria Deposit Insurance Corporation (NDIC) to pay a subscriber to an aborted initial public offering (IPO), in a...