Nigeria Deposit Insurance Corporation

According to a report by SaharaReporters, some scavengers who burgled a gated duplex in a residential neighbourhood of Abuja city centre at the peak of the COVID-19 pandemic, whisked away large sums of money cash. They reportedly stole…

President Muhammadu Buhari has approved the reconstitution of the Board of the Nigeria Deposit Insurance Corporation (NDIC) and the appointment of some new members and reappointment of some existing members to the Board. The appointment…

The Nigeria Deposit Insurance Corporation (NDIC), has advised depositors to patronise the existing Microfinance Banks (MFBs) in the country, saying they are safe for operations. The Managing Director of NDIC, Alhaji Umaru Ibrahim,…

Few weeks ago, the Nigeria Deposit Insurance Corporation (NDIC) the body in charge of protecting depositors funds in Nigerian banks released a mind-boggling statistics about the rise in the number of insider fraud cases in the banking…

The Nigeria Deposit Insurance Corporation (NDIC) has signed an agreement with the Korea Deposit Insurance Corporation (KDIC) to strengthen the Deposit Insurance System (DIS) in their respective jurisdictions. In a statement on Wednesday,…

By Emeka Okoroanyanwu The Nigeria Deposit Insurance Corporation, NDIC has passed a vote of confidence on Deposit Money Banks, DMBs in Nigeria saying “the overall condition of DMBs in 2018 was relatively sound”. This was contained in…

Chairman of the Nigeria Deposit Insurance Corporation (NDIC) and chieftain of the All Progressives Congress (APC), in Ogun State,  Bode Mustapha, on Sunday, called on members of the party to rally support for the candidacy of Dapo Abiodun…