Tag: NDIC
NDIC pays Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid 82.36 per cent of depositors with above N5 million as insured sum in the...
Ex-NDIC boss to regulators: Support Dangote refinery to end fuel scarcity
The former Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, says supporting the Dangote refinery is crucial to mitigating the negative...
NDIC lists Heritage Bank’s offices, assets for sale
The Nigeria Deposit Insurance Corporation (NDIC) has listed the offices of Heritage Bank across the country for sale.
The NDIC announced this in an advertorial...
Liquidation: Heritage Bank customers throng head office for payment
Customers of the liquidated Heritage Bank Plc. gathered at the bank’s headquarters in Lagos on Wednesday, June 5, 2024 to seek clarification on the...
MD: NDIC’ll repay Heritage Bank customers in one week
The Nigeria Deposit Insurance Corporation (NDIC) says it will begin payment of the insured sum to 2.3 million depositors of Heritage Bank in-liquidation this...
NDIC begins liquidation of Heritage Bank
The Nigeria Deposit Insurance Corporation (NDIC) says it has started the liquidation process of Heritage Bank with immediate verification and payment of insured deposits...
NDIC raises banks’ deposit insurance coverage to N5m
The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage for depositors of all licenced deposit-taking financial institutions in event of...
Failed banks’ depositors get N1.39bn from NDIC
No fewer than 36,163 depositors of 110 closed Microfinance Banks (MFBs) and three Primary Mortgage Banks (PMBs) have been paid N1.39 billion by the...
NDIC: We’ll probe directors, managers of 183 MFBs, PMBs
The Nigeria Deposit Insurance Corporation (NDIC) will begin the investigation of the directors and officers of the 183 banks whose licences were revoked earlier...
NDIC warns bank customers: Fraudsters becoming more creative
The Nigeria Deposit Insurance Corporation (NDIC) has warned bank customers and the public against displaying their bank details, saying fraudsters were becoming more creative.
The...
