NDIC
NDIC explores ways to strengthen depositors’ insurance protections
Cynthia Ezekwe The Nigerian Deposit Insurance Corporation (NDIC) has announced plans to increase the maximum deposit insurance coverage as part…
NDIC assures depositors of defunct Fortis MFB of getting their insured funds
BY: Moses olajuwon Obajemu The Nigeria Deposit Insurance Corporation (NDIC) yesterday vowed to protect the interest of depositors of…
NDIC proposes stiff penalties for Directors of failed banks
The Nigeria Deposit Insurance Corporation (NDIC) is proposing that directors of banks cannot take insider loans from their banks as…
NDIC extends MMO subscribers’ maximum limit to N500,000
Following intense complaints from the Mobile Money Operators in the country, the Nigeria Deposit Insurance Corporation (NDIC) has extended its…
NDIC commences payment to depositors of 154 failed MFBs
The Nigeria Deposit Insurance Corporation (NDIC) said it had commenced payment to depositors of 154 micro finance banks (MFBs) that…
“You risk losing your savings,” NDIC boss cautions Nigerians who adopt cryptocurrencies
Umaru Ibrahim, the managing director, Nigeria Deposit Insurance Corporation on Thursday called on Nigerians to exercise caution in the adoption…
FG orders investigation into Skye Bank’s failure, says those culpable would be prosecuted
The Federal Government has promised to persecute all those found to be responsible for the failure of the erstwhile Skye…
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