Tag: NDIC
Transactions in digital currencies not authorised by CBN – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says transactions in digital currencies are not authorised by the Central Bank of Nigeria…
Fraud cases by bank staff rises — NDIC
Nigeria Deposit Insurance Corporation (NDIC) says the number of fraud cases attributed to internal abuse by staff of banks increased…
NDIC, ICPC partner for zero tolerance on corruption
The Nigeria Deposit Insurance Corporation (NDIC) says it has zero tolerance for all forms of malpractices in its corporation and…
Federal Government urged to ensure financial literacy
Alhaji Umaru Ibrahim, Managing Director, Nigeria Deposit Insurance Corporation (NDIC) has urged the Federal Government to pay more attention to…
MFBs Bill: CBN, ICAN, others disagree with Senate
Major stakeholders in banking and finance, on Monday, disagreed with the Senate over its proposed amendment of laws on the…
Rumours of financial distress in Banks not true – NDIC boss
The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has urged the public to ignore rumours of…
We’ll soon extend Deposit Insurance scheme— NDIC
The Nigeria Deposit Insurance Corporation (NDIC) said on Monday it would soon extend its Deposit Insurance Scheme (DIS) course to…
NDIC remits N15.4bn to Consolidated Revenue Fund
The Nigeria Deposit Insurance Corporation (NDIC) has remitted N15.4 billion to the Consolidated Revenue Fund. This was contained in a…
Transactions in mobile money transfer scheme hits N815.47b
Mr Dipo Fatokun, the Director of Banking and Payment System in the Central Bank of Nigeria (CBN) says about N815.47…
Mortgage Bank In Trouble Over N750m Deposit
Henry Ojelu A consulting firm, OG Consulting has petitioned the Economic and Financial Crimes Commission, EFCC, over a N750 million…
NDIC drags Doyin Okupe to court over unpaid debt
Akin Kuponiyi The Nigerian Deposit Insurance Corporation, (NDIC), Liquidator of Gulf bank Nigeria Plc in a debt recovery suit before…
NDIC won’t supervise banks – CBN
The Central Bank of Nigeria (CBN) has opposed the taking over of banking supervision by the Nigeria Deposit Insurance Corporation…
Yuguda urges NDIC to protect depositors’ funds
The Minister of State for FCT, Mr Bashir Yuguda, has called on the Nigerian Deposit Insurance Corporation (NDIC) to ensure…
NDIC pays N93.6bn to depositors as liquidation dividend
Alhaji Umaru Ibrahim, Managing Director, Nigeria Deposit Insurance Corporation (NDIC), has said that the agency has paid N93.64 billion liquidation…
NDIC says no plan to liquidate insurance companies
The Nigeria Deposit Insurance Corporation (NDIC) said in Abuja on Saturday 12 July that it had no plan to liquidate…