All posts tagged "NDIC"

How We Protect Bank Depositors, Maintain Stability Of Banking Sector, NDIC …. As stakeholders applaud its roles

By Clement Nwoji, Abuja The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of insured Deposit Money Banks (DMB) of safety of their funds, most especially...

Heritage Bank: NDIC Achieves Payments To 84.98 Percent Depositors, Says Managing Director Hassan

The Nigeria Deposit Insurance Corporation (NDIC) has effected payments of insured deposits to 84.98% of depositors  of the defunct Heritage Bank with Bank Verification Number (BVN)...

NDIC Managing Director, Bello Hassan Condoles With Yar’Adua’s Family

Heritage Bank: NDIC Explains Non-payment To 17.64% Insured Depositors, Commences Debt And Assets Recovery

The Nigeria Deposit Insurance Corporation (NDIC) has given explanations on why 17.64 % of the insured depositors of the defunct Heritage Bank are yet to be...

NDIC Holds Capacity Building Workshop For Law Enforcement Agencies Against Financial Malpractices

NDIC Reveals Heritage Bank Financial Position, Assures Depositors Payment Of Insured Deposits, Vows To Recover Over N700 Billion Loans

… Begins Verification, Payment of Depositors Nigeria Deposit Insurance Corporation (NDIC) on Wednesday gave further insights into the worrisome financial position of the Heritage Bank Plc...

Heritage Bank: NDIC Commences Liquidation, Lists Processes For Verification, Payment Of Insured Deposits, Others

Nigeria Deposit Insurance Corporation (NDIC) has set out modalities for payment and receipt of insured deposits to the depositors of failed Heritage Bank Plc as the...

CBN Revokes Heritage Bank Operating Licence, Cites Default In Financial Performance, Appoints Liquidator 

The Central Bank of Nigeria (CBN), has revoked the banking licence of Heritage Bank Plc with immediate effect due to its poor financial performance which “constitutes...

NDIC Increases Maximum Deposit Insurance Coverage For Money Bank Depositors To N5 Million, Others

The Nigeria Deposit Insurance Corporation (NDIC) has effected upward review of maximum deposit insurance coverage for various categories of deposit-taking financial institutions licensed by the Central...

NDIC Beefs Up Strategies In Fight Against Corruption, Inaugurates Anti-Corruption And Transparency Unit

The Nigeria Deposit Insurance Corporation (NDIC), has beefed up its strategies in fight against corrupt practices with the inauguration of Anti-Corruption and Transparency Unit (ACTU). “The...

Banking Sector: NDIC, EFCC Boost Partnership To Curb Financial Crimes

The Nigeria Deposit Insurance Corporation (NDIC)  has solicited for the return of recoveries made by the Economic and Financial Crimes Commission (EFCC) on behalf of the...

Financial Institution Of The Year 2023 Award

Representative of the Nigeria Deposit Insurance Corporation (NDIC) MD/CE, Bello Hassan, Executive Director Corporate Services, Mrs. Emily C. Osuji receives the “Financial Institution of the Year...