NDIC

NDIC pays N1.45bn to 34 closed DMBs in 2017 ― Report

THE Nigeria Deposit Insurance Corporation (NDIC), said it paid N1.45 billion to 16, 324 depositors of 34 closed Deposit Money…

6 years ago

NDIC saved N949bn depositors’ fund in failed Skye Bank ― MD

THE Nigeria Deposit Insurance Corporation (NDIC) said it saved about N949.6 billion depositors’ funds in failed Skye Bank. Managing Director…

6 years ago

NDIC closes Garu microfinance bank in Bauchi

FEW weeks after the Nigerian Deposit Insurance Corporation (NDIC) closed former Skye Bank of Nigeria PLC, the Corporation has announced…

7 years ago

FG to prosecute directors of defunct Skye Bank

  THE Federal Government has promised to persecute all those found to be responsible for the failure of the erstwhile…

7 years ago

Polaris Bank: CBN did not license nonregistered company, NDIC clarifies

THE Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, on Wednesday said the newly licensed…

7 years ago

NDIC boss canvasses stronger banking ethics

MANAGING Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has stressed the need for effective collaboration…

7 years ago

NDIC boss advocates qualitative education as panacea to insecurity

MANAGING Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim has advocated quality education as the panacea to violence and…

7 years ago

NDIC assists Uganda deposit protection fund

NIGERIA Deposit Insurance Corporation (NDIC) is assisting the Uganda Deposit Protection Fund (DPFU) to develop the capacity to implement the…

7 years ago

NDIC discovered ₦12.01bn bank fraud cases in 2017

EVEN with serious attempts to cover up staff perpetrated fraud and forgery cases, Nigeria Deposit Insurance Corporation (NDIC) said it…

7 years ago

NDIC warns against trading in bitcoins, crypto-currencies

THE Nigeria Deposit Insurance Corporation (NDIC) has again warned Nigerians to avoid trading in bitcoins and crypto-currencies as there is…

7 years ago

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