National Wire About Nigerians, Nigerian Business and Other Stories
We Have Paid All Depositors Of 18 Failed Banks – NDIC
The Nigeria Deposit Insurance Corporation has said it has fully paid both insured and uninsured depositors of 18 closed banks in the country.
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Tag Archives: NDIC
NDIC Wins N1.4bn Debt Recovery Case Against Debtor Of Defunct Gulf Bank
In its capacity as official liquidator, the Nigeria Deposit Insurance Corporation (NDIC) has secured a judgment against Jolimair Nigeria Limited and three other debtors who owed the defunct Gulf Bank Plc the sum of N1.4bn.
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NDIC Establishes New Unit On Fintech And Innovation
In line with its re-engineering drive, the Nigeria Deposit Insurance Corporation (NDIC) has responded to technological innovations and applications in financial services with the establishment of a new “FINTECH AND INNOVATIONS UNIT” to align with contemporary trends in advanced economies.
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FITC’s MD/CEO Visit To Nigeria Deposit Insurance Corporation In Abuja
Nigeria Deposit Insurance Corporation (NDIC) Executive Director Corporate Services, Hon. (Mrs.) Omolola Abiola-Edewor; MD/CE, Umaru Ibrahim; MD/CEO, Financial Institutions Training Centre (FITC), Mrs. Chizor Malize and NDIC Executive Director Operations, Prince Aghatise Erediauwa during FITC’s MD/CEO’s visit to the NDIC on Thursday.
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NDIC Clinches Servicom Award
Nigeria Deposit Insurance Corporation (NDIC) has emerged the best performing Ministerial Servicom Unit (MSU) in the team “C” category for Ministries, Departments and Agencies (MDAs) for the year 2019.
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CBN To Raise LDR To 70% By 2020
The Central Bank of Nigeria will increase banks’ Loan to Deposit Ratio to 70 per cent by 2020.
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We Have Zero Tolerance For Corruption In Our Operations – NDIC MD
The Nigeria Deposit Insurance Corporation (NDIC) as a key component of the Nigerian financial safety-net arrangement, has zero tolerance for corruption and all forms of malpractices within the Corporation and in the implementation of its mandate and activities.
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NDIC Act Amendment Top Priority In NASS – Lawan
President of the Senate, Ahmad Lawan on Monday October 21, 2019, gave an assurance that the National Assembly will accord top priority to the amendment of the Nigeria Deposit Insurance Corporation (NDIC) law.
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Stress Test: Banks In Secret Merger Talks
Merger and acquisition talks are quietly going on in the banking industry, especially among the seven deposit money banks (DMBs) that failed the mandatory stress test on funding adequacy.
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NDIC Showcases Achievement In 30-years
It gives me great pleasure to address you on this auspicious occasion of the 30th Anniversary of the Nigeria Deposit Insurance Corporation (NDIC). I extend a warm welcome to all invited guests for graciously joining us to celebrate 30 years of the NDIC. Your presence no doubt, confirms your commitment and interest in identifying with the Corporation in its drive to protect depositors and deepen the Stability of the nation’s financial system.
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