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Tag "Nigeria Deposit Insurance Corporation (NDIC)"

‘There was an omission’ — NDIC chair says Buhari signed ‘wrong’ bill reenacting agency’s role

    ‘There was an omission’ — NDIC chair says Buhari signed ‘wrong’ bill reenacting agency’s role

Abdulhakeem Abdullateef, new board chairman of the Nigeria Deposit Insurance Corporation (NDIC), has asked President Bola Tinubu to probe the passage of the NDIC Act, 2023. On May 26, Former

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NDIC: We’ve paid N113.2bn to depositors of failed banks

    NDIC: We’ve paid N113.2bn to depositors of failed banks

The Nigeria Deposit Insurance Corporation (NDIC) says it paid the sum of N113.2 billion to depositors of failed banks in June, 2022. Bello Hassan, NDIC managing director made the disclosure

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Don’t patronise illegal fund managers, NDIC tells Nigerians

    Don’t patronise illegal fund managers, NDIC tells Nigerians

The Nigeria Deposit Insurance Corporation (NDIC) has warned the public against investing with illegal fund managers.  In a statement on Tuesday, Bashir Nuhu, director, communication and public affairs department, NDIC,

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N5.7bn terminal benefits: Ex-bankers ask CBN, NDIC to comply with court judgement

    N5.7bn terminal benefits: Ex-bankers ask CBN, NDIC to comply with court judgement

The association of ex-staff of non-consolidated banks of Nigeria has asked the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) to comply with the court judgement

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Customers can petition CBN over excessive bank charges, says NDIC MD

  Customers can petition CBN over excessive bank charges, says NDIC MD

Bello Hassan, managing director of the Nigeria Deposit Insurance Corporation (NDIC), says overcharged bank customers can petition the corporation or

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CBN revokes licences of 42 microfinance banks

  CBN revokes licences of 42 microfinance banks

The Central Bank of Nigeria (CBN) has revoked the operating licences of 42 microfinance banks (MFBs). The Nigeria Deposit Insurance

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Buhari reappoints Ahmed Kuru as AMCON MD, nominates new NDIC boss

  Buhari reappoints Ahmed Kuru as AMCON MD, nominates new NDIC boss

President Muhammadu Buhari has reappointed Ahmed Kuru as managing director of Asset Management Corporation of Nigeria (AMCON) for a final

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CBN, NDIC to establish fund to rescue struggling financial institutions

  CBN, NDIC to establish fund to rescue struggling financial institutions

The newly signed Banks and Other Financial Institutions Act (BOFIA) empowers the Central Bank of Nigeria (CBN) and Nigeria Deposit

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NDIC extends insurance to mobile money customers

  NDIC extends insurance to mobile money customers

The Nigeria Deposit Insurance Corporation (NDIC) says its insurance coverage will now apply to customers of mobile money operators (MMOs).

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