NDIC pays N1.3bn to 36,163 depositors, warns against patronising wonder banks
The Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to stay away from patronising wonder banks and Ponzi schemes even as it has paid out
Tag : NDIC
Probe Bulkachuwa, NDIC, Agbakoba tells Tinubu
A former Nigerian Bar Association (NBA) President, Dr. Olisa Agbakoba (SAN), has urged President Bola Ahmed Tinubu to probe Senator Adamu Muhammad Bulkachuwa over his
Bank failure: Depositors should go sleep, no deposit will be lost –NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has assured bank depositors of the safety of their monies in banks even in unlikely event of bank failure.
Uninsured depositors of failed banks paid N101.37bn – NDIC
The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation, Mr Bello Hassan, has said that uninsured depositors of failed banks paid N101.37 billion. He said this
NDIC liquidates 467 insured banks
To underscore the relevance of deposit insurance in stabilising the financial system, the Nigeria Deposit Insurance Corporation (NDIC) says it has liquidated 467 insured banks
NDIC: Bank Fraud, Forgeries amounted to N120.79bn in 2020
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that the total amount resulting from bank fraud and forgery cases stood at N120.79 billion in 2020.
NDIC, others explore early detection, timely intervention in resolving bank failures
The Nigeria Deposit Insurance Corporation (NDIC), and other Africa Deposit Insurance agencies will explore the role of deposit insurance in early detection and timely intervention
Effective resolution of distress banks critical to depositors’ protection — NDIC
The Nigeria Deposit Insurance Corporation (NDIC), says the effective resolution of banks in distress is critical to depositors’ protection. The NDIC on its official Twitter
