Tag Archives: NDIC

Nigeria Deposit Insurance Corporation (NDIC) has recovered over N8.3 billion unauthorised withdrawals from depositors’ accounts in commercial banks this year.

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Public and private sector stakeholders across the financial services industry have canvassed support for the Nigeria Deposit Insurance Corporation (NDIC) Act 2006 Amendment Bill currently before the National Assembly with a view to strengthening the capacity of the Corporation to contribute more effectively and efficiently to the stability of the financial system.

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The Nigeria Deposit Insurance Corporation (NDIC) plays a critical role in contributing to the objectives of the National Financial Inclusion Strategy (NFIS) through the provision of deposit insurance coverage to depositors of licensed banks.

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The Minister of Finance, Budget & National Planning, Dr. (Mrs) Zainab Shamsuna Ahmed has commended the Nigerian Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) for protecting depositors’ funds in the face of the global economic

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The Nigeria Deposit Insurance Corporation (NDIC) is scheduled to host a regional workshop in Abuja, Nigeria bringing together leaders of African Deposit Insurance Agencies to share knowledge and expertise to strengthen the implementation of deposit insurance systems on the African Continent.

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The Nigeria Deposit Insurance Corporation (NDIC) has been presented with the Federal Government Level Five (5) Platinum Level award for outstanding performance in corporate governance and accountability by the Bureau of Public Service Reforms (BPSR).

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Ayoola Ajala, Coordinator, Financial Malpractices Investigation Unit; Mohammed B. Abubakar, Director Public Prosecution of the Federation; Hassan Bello, FCA, MD/CE, NDIC; Michael Oladele, Director Bank Examination Department, NDIC; Henry E. Fomah, Head Legal Department, NDIC; Ahmad Muhammad Ghali, representative of Executive Chairman, Economic and Financial Crimes Commission at the 2022, Capacity Building Workshop for Law enforcement agencies with the theme: Effective

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The Chairman of the Nigeria Deposit Insurance Corporation (NDIC) Board, Mrs Ronke Sokefun has called for stronger collaboration on the implementation of the National Anti-Corruption Strategy (NACS) towards strengthening the fight against corruption in the country.

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From Left--- Head, Media and Relations NDIC Hajia Hawwau Gambo, Head Servicom Unit NDIC Dr Hyeladzira Ochonogor,  Head External  Relations Securities and Exchange Commission  Mr Mohammed Bagudu and Principal Manager Media Relations SEC Mrs Joy Nwabueze during a Meeting between The SEC and NDIC in Abuja weekend

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The Nigeria Deposit Insurance Corporation (NDIC) said it has developed a Single Customer View (SCV) platform to be deployed to microfinance banks (MFBs) to eliminate delays often experienced in reimbursing depositors following revocation of failed MFBs licences by the Central Bank of Nigeria (CBN).

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