The Nigeria Deposit Insurance Corporation (NDIC) has concluded the disbursement of ₦54.62 billion to 691,418 depositors of the defunct Heritage Bank. The payout comes less than...
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has revealed that a mere 25% of customers’ deposits are...
The Nigeria Deposit Insurance Corporation (NDIC) has issued a clarification and refuted recent misleading reports circulating on social media with the headline “CBN Liquidates 20 Banks...
Impressive Recoveries and Asset Realizations Lead to Substantial Payout
Despite the uncertainty surrounding the scarcity of the Nigerian Naira, the Nigeria Deposit Insurance Corporation (NDIC) has assured the Central Bank of Nigeria (CBN) that depositors...
In another way to validate Nigeria’s rising unemployment rate and weak household income, the Nigeria Deposit Insurance Corporation (NDIC) has said 99.4 percent of all the...
The Nigeria Deposit Insurance Corporation (NDIC) is to go tough on debtors of failed banks. The organisation’s new Managing Director (MD), Mr. Bello Hassan, dropped the...