NDIC

Following the strategy to curb the fear of the unknown, the Nigeria Deposit Insurance Corporation (NDIC) has increased deposit insurance coverage for all licensed deposit-taking financial institutions. This was announced bt the…

The Nigeria Deposit Insurance Corporation (NDIC) has paid N1.39 billion to 36,163 depositors of 110 closed microfinance banks and three primary mortgage banks. According to the CEO of NDIC, Bello Hassan, this followed the…

President Muhammadu Buhari has requested that the Senate confirm the appointment of new members of the Nigeria Deposit Insurance Corporation’s board of directors (NDIC). The request was contained in a letter dated March 15,…

The Nigeria Deposit Insurance Corporation (NDIC) says it is building human and regulatory capacities to meet up with evolving activities of ponzi schemes. Micheal Oladele, the Director, Bank Examination Department of NDIC, said this at…

The Nigeria Deposit Insurance Corporation (NDIC) has taken the gospel of financial savings to students in secondary schools in Bauchi State to mark this year’s World Savings Day. The Corporation, while speaking with DAILY POST in Bauchi…