Tag Archives: NDIC

The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, recently paid a condolence visit to the family of the late President Umar Musa Yar'adua to offer his sympathies on the passing of the late President's mother, Hajia Aya Dada Yar'adua.

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The Nigeria Deposit Insurance Corporation (NDIC), the Central Bank of Nigeria (CBN), the Bank of Industry (BoI), the United Bank for Africa, Access Holdings plc and a host of other banking and financial institutions have thrown their weight behind the 2024 conference of the Finance Correspondents Association of Nigeria (FICAN) featuring discussions on the ambitious $1 trillion economy target of the federal government of Nigeria.

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The Nigeria Deposit Insurance Corporation (NDIC) has given update on the disbursing of funds to depositors of the defunct Heritage Bank, following the Central Bank of Nigeria's (CBN) revocation of its banking license on June 3, 2024.

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The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has emphasized the need for law enforcement agencies to intensify their efforts in the fight against financial malpractices in banks and other financial institutions in Nigeria.

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Following the revocation of the banking license of Heritage Bank Plc by the Central Bank of Nigeria (CBN) today, (Monday) June 3, 2024 and the appointment of the Nigeria Deposit Insurance Corporation (NDIC) as the Liquidator, pursuant to Section 12(2) of BOFIA, 2020, the

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The Managing Director and Chief Executive of Nigerian Deposit Insurance (NDIC), Hassan Bello, has tasked the appellate court on the need to fashion out a practice direction on failed banks matters relating to recovery of debts owed failed banks and prosecution of parties that may have contributed to the bank failure before Appeal Court in the domestic economy.

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The Nigeria Deposit Insurance Corporation has announced a revision of the Maximum Deposit Insurance Coverage (MDIC) for banks operating within the country.

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The Nigeria Deposit Insurance Corporation (NDIC) has a culture of zero tolerance for corruption, which is further strengthened by its core values of Teamwork, Respect and Fairness, Integrity, Professionalism, and Passion”.

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The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that the commission is currently investigating ten high profile financial cases in the domestic economy.

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The Minister of State for Youth Development, Mr. Ayodele Olawande, has praised the Nigeria Deposit Insurance Corporation (NDIC) for its significant achievements in safeguarding depositors from the adverse impacts of bank failures.

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