NDIC

NDIC announces N46.6bn payout to defunct Heritage Bank depositors

In its continued commitment to ensuring that depositors of the defunct Heritage Bank are fully reimbursed, the Nigeria Deposit Insurance…

4 days ago

Heritage Bank: NDIC promises timely payment of uninsured sums to depositors

In response to concerns raised by depositors of the defunct Heritage Bank, whose balances exceed the maximum deposit insurance limit…

1 month ago

All banks remain safe, sound, NDIC assures customers

The Nigeria Deposit Insurance Corporation (NDIC) has urged members of the public to continue their banking activities without fear, assuring…

1 month ago

Depositors’ money in failed banks safe — NDIC boss

The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has reiterated that deposits in failed banks are…

2 months ago

ICAN lauds NDIC for promoting financial system stability

The President of the Institute of Chartered Accountants of Nigeria (ICAN), Chief Davidson Chizuoke S. Alaribe, has commended the Nigeria…

3 months ago

Why some Heritage Bank depositors are yet to be reimbursed — NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has stated reasons why some depositors of the defunct Heritage Bank are yet to…

4 months ago

Creditors of defunct Heritage Bank to receive payments after depositors —NDIC

THE Nigeria Deposit Insurance Corporation (NDIC) has reassured creditors of the defunct Heritage Bank that they will be reimbursed after…

5 months ago

NDIC begins sales of landed properties, chattels of defunct Heritage Bank

The Nigeria Deposit Insurance Corporation (NDIC) announced it has begun the process of selling the landed properties and chattels of…

6 months ago

Depositors’ funds: Senate approves amendments to strengthen NDIC

The Senate on Tuesday approved new amendments to the Nigeria Deposit Insurance Corporation (NDIC) Act, further strengthening the independence of…

6 months ago

NDIC challenges Bank supervisors on various financial services convergence

Supervisors must understand the interconnection among the various financial services providers and how their policies and actions can affect the…

7 months ago

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