NDIC

JUST IN: We will pay Heritage Bank customers within one week – NDIC MD

JUST IN: We will pay Heritage Bank customers within one week – NDIC MD The Nigerian Deposit Insurance Corporation (NDIC)…

6 months ago

NDIC jacks up deposit insurance cover from N500,000 to N5m

NDIC jacks up deposit insurance cover from N500,000 to N5m The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant increase in…

7 months ago

NDIC pays 22,000 customers of closed banks N1.7bn

NDIC pays 22,000 customers of closed banks N1.7bn Following the revocation of licences for some Microfinance Banks (MFBs) and four…

12 months ago

NDIC Act has 35 doctored clauses, chairman claims

The Nigeria Deposit Insurance Corporation (NDIC) alleged yesterday that former President Muhammadu Buhari signed a doctored NDIC bill hours before leaving…

1 year ago

Buhari returns Obadiah Nkom as DG MCO, appoints AbdulHakeem Abdullateef NDIC chair

President Muhammadu Buhari has approved the appointment of Engr. Obadiah Simon Nkom as Director General of the Nigeria Mining Cadastre…

2 years ago

Just in: 99.4 % of bank accounts contain less than N500,000-NDIC

The Nigeria Deposit Insurance Corporation, NDIC, said that 99.4 per cent of bank accounts contain less than N500,000 Maximum Insured…

3 years ago

Banks lose N5bn to online fraudsters in nine months

Banks in Nigeria lost over N5bn through cybercrime in the first nine months in 2020, the Nigeria Deposit Insurance Corporation…

4 years ago

Kuru reappointed as AMCON MD, Hassan leads NDIC

President Muhammadu Buhari has named Mr Ahmed Kuru as Managing Director and Mr Eberechukwu Uneze and Mr Aminu Ismail as…

4 years ago