Tag: NDIC
Wema Bank fires back at NDIC over Banana Island property controversy
Wema Bank Plc has dismissed allegations surrounding the sale of Banana Island properties allegedly linked to the defunct Gulf Bank…
Senate confirms Yuguda as CBN Deputy Governor, Onuwu as NDIC Director
Abiru in his report said the committee received the resumes of the nominees and screened them accordingly.
NDIC declares N24.3bn second liquidation dividend for Heritage Bank depositors
The corporation said the newly declared second liquidation dividend of N24.3 billion was generated from further debt recovery, sale of…
NDIC warns Nigerians against Ponzi schemes
He reassured Nigerians that with NDIC, their money is safe and accessible when needed, adding that, "with the rapid growth…
Hidden truth about your bank deposits – NDIC speaks out
NDIC’s statement comes in response to mounting concerns from depositors of the defunct Heritage Bank, particularly those whose balances exceed…
Senate passes NDIC bill to safeguard bank depositors’ fund
He said the bill consolidates the power of the President to appoint the Chairman and members of the board of…
NDIC: Why we have not paid some depositors of Heritage Bank
The Director of Communication and Public Affairs, Mr Bashir Nuhu, in a statement on Sunday, said that the step underscored…
Heritage Bank customers to be repaid within a week – NDIC assures
He assured that customers won't have to wait the standard 30 days as mandated by law but will be settled…
Heritage Bank: Peter Obi urges FG to ensure immediate payment of depositors
According to Obi, any attempt to deny or delay payment to these depositors would worsen their economic woes and could…
NDIC raises deposit insurance coverage level for banks, others
Hassan said: “By increasing deposit insurance coverage, we are ensuring that depositors are better protected in the unlikely event of…
Why banks fail – EFCC boss
He called for stronger collaboration with the EFCC, maintaining that the Commission has always been of tremendous help to the…
Senate confirms Chidinma Osuji as Executive Director of NDIC
The confirmation of the nominee on Tuesday, followed the consideration of the report of the Committee on Banking, Insurance and…
MSMEs key to revitalisation of Nigeria’s economy – NDIC boss
The Corporation said it has paid N11.76 billion as insured sums to 535, 815 depositors of closed banks since its…
Keyamo, others confirmed as NDIC board members
The Senate on Wednesday confirmed the appointment of Mrs. Ronke Sokefun as Chairman of the Board of the Nigerian Deposit…
NDIC recovers N28.48bn from debtors of DMBs in-liquidation
The Nigeria Deposit Insurance Corporation (NDIC), said it recovered N28.48 billion from debtors of Deposit Money Banks (DMBs) in-liquidation as…