NDIC Archives - Page 4 of 17

NDIC Raises Deposit Insurance Coverage For Banks To N5 million, Microfinance To N2 million

May 2, 2024 0

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

NDIC Inaugurates Anti-Corruption & Transparency Unit To Sustain Fight Against Corruption

April 23, 2024 0

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”.

10 High Profile Banks Cases Are Currently Under Investigation — NDIC

March 23, 2024 0

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

Youth Development Minister Lauds NDIC For Depositor Protection, Commits To Advancing Financial Inclusion

March 3, 2024 0

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.

Photo News: NDIC & Media Chief Executive Parley In Lagos

December 17, 2023 0

Executive Operations, (NDIC) Mr Mustapha M. Ibrahim; Managing Director/CEO, (NDIC) Mr Bello Hassan OON and Executive Director Corporate Services, Mrs Emily C. Osuji having a chat at the 2023 NDIC Editors Forum held at Providence Hotel Ikeja, Lagos.

NDIC Clarifies Misleading News Reports On Liquidation Of 20 Banks

November 13, 2023 0

The Nigeria Deposit Insurance Corporation (NDIC) has addressed the recent news reports which it said is misleading circulating on various social media platforms under the headline “CBN Liquidates 20 Banks – NDIC (Names).”

NDIC Named Overall Best In ICPC 2023 Ethics, Integrity Compliance Scorecard MDAs

November 5, 2023 0

The Nigeria Deposit Insurance Corporation (NDIC) has emerged the overall best in the Independent Corrupt Practices and Other Related Offences Commission (ICPC) 2023 Ethics and Integrity Compliance Scorecard (EICS).

Financial System Stability: NDIC Lauds Judiciary On Better Understanding Of Deposit Insurance Practice

October 26, 2023 0

The Nigeria Deposit Insurance Corporation (NDIC) has commended the judiciary on its better understanding of the deposit insurance practice towards promoting stability of the nation’s financial system.

Nigeria Digital Financial Payments: A Positive Economic Driver – Bello Hassan

October 24, 2023 0

Digital financial payment systems has been described as making a huge positive impact in Nigerian economy hence there is the need to implement strategies to mitigate risk.

CBN, Credit Bureaus, NDIC, Highlight The Importance Of Maintaing A Good Credit History

October 23, 2023 0

The Group Managing Director/CEO of CRC Credit Bureau, Dr Ahmed 'Tunde Popoola has said that credit defaulters, whether of failed or acquired banks will find it difficult to access new credits unless they cleared their names with their former creditors to obtain positive report from rating agencies. "There is no more lending in the dark".