Tag: NDIC
Banks recapitalisation: Peace of Mind, the Prince and NDIC
Mr Ajayi Audu banks with the 37 year-old Unity Bank Plc and has been a customer for the past 19 years since he started...
NDIC leverages technology for prompt payment of Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) has attributed its swift payment of depositors of the failed Heritage Bank to advanced technology and robust cybersecurity...
Discrepancy in account names delaying Heritage Bank customers’ payment – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says account names discrepancies in Bank Verification Number (BVN) linked alternate account of some defunct Heritage Bank customers...
Heritage Bank; NDIC begins payment of depositors’ insured sum — MD
The Nigeria Deposit Insurance Corporation (NDIC), says it will begin payment of insured sum to 2.3 million depositors of Heritage Bank in-liquidation this week.
The...
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...
We have no plans to introduce N5000 notes says CBN
The Central Bank of Nigeria, CBN, says it has no plan to introduce N5,000 denominated bank note as being speculated by some sections of...
NDIC trains students on financial discipline, saving culture in Sokoto
The Nigeria Deposit Insurance Corporation (NDIC) has urged secondary school students in Sokoto State on the need to imbibe proper financial disciplines and saving...
NDIC educates MSMEs against investment in Ponzi schemes
The Nigeria Deposit Insurance Corporation (NDIC) on Thursday educated operators of Micro, Small and Medium Scale Enterprises (MSMES) at the ongoing 2021 Edo Trade...
NDIC’s prompt resolution saves banking sector from collapse, Shokefun Banking
The Nigeria Deposit Insurance Corporation (NDIC) said its prompt resolution of banks’ failure over the years saved the banking sector from systemic collapse.
Mrs Ronke...
Why micro finance banks are few in rural areas – ACCION...
The Managing Director ACCION Microfinance Bank, Mr. Taiwo Joda, says lack of infrastructure is one of the reasons Micro finance banks are not operating...
NDIC begins payment of uninsured deposits
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation dividends to uninsured depositors, creditors, and shareholders of additional 14...
COVID-19 and the global harvest of bankruptcies
Jubal Kanayo takes a global look at the speed at which the novel Corona Virus is laying waste to corporations, firms and economies and...
President Buhari appoints NAICOM, NDIC board members
President Muhammadu Buhari has approved the appointment of Mr Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM).
Mr Yunusa...
