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Get the latest NDIC News, get updates on new policies, changes in regulations, reports on the performance of the Nigerian banking sector, and other news related to the NDIC’s mandate to protect depositors and promote stability in the Nigerian financial system.

LATEST NDIC NEWS

• UPDATE ON PAYMENT OF UNINSURED SUMS TO DEPOSITORS OF HERITAGE BANK (IN-LIQUIDATION)
  March 30, 2025 by mgbemenacu
  UPDATE ON PAYMENT OF UNINSURED SUMS TO DEPOSITORS OF HERITAGE BANK (IN-LIQUIDATION) In response to concerns raised by depositors of the defunct Heritage Bank whose balances exceed the maximum deposit insurance limit of N5 million, the Nigeria Deposit Insurance Corporation (NDIC) wishes to clarify that the Corporation has intensified efforts to ensure timely payments. Following…
• AHOCOL SAVINGS AND LOANS (In Liquidation)
  March 25, 2025 by mgbemenacu
                                                                      The public is hereby notified that the following housing estates listed below are owned by AHOCOL SAVINGS AND LOANS (In Liquidation). These properties are vested in the Nigeria Deposit Insurance Corporation (NDIC) as Liquidator of the defunct bank. S/N ESTATES LOCATION NUMBER OF PLOTS 1. AHOCOL Udomaka Housing Isuanaocha 186 2. AHOCOL Chikwadolu Housing Isuanaocha 34 3. AHOCOL Chukwuemeka Phase I Mgbakwu 514 4. AHOCOL Chukwuemeka […]
• INVITATION TO TENDER FOR THE SUPPLY AND INSTALLATION OF 200KVA STABILIZER AND 64 (NOS) UNINTERRUPTED POWER SUPPLY (UPS) BATTERIES FOR THE ELEVATORS AT NDIC HEAD OFFICE BUILDING, ABUJA ADDENDUM
  March 25, 2025 by mgbemenacu
                       NIGERIA DEPOSIT INSURANCE CORPORATION Plot 447 / 448 Constitution Avenue, Central Business District, Abuja                    E-mail: info@ndic.gov.ng Website: www.ndic.gov.ng The Nigeria Deposit Insurance Corporation wishes to draw the attention of all interested bidders and the general public to its earlier advertisement published in the Punch, Leadership & Tenders Journal Newspaper all of March 3, 2025.   The submission of the Tender documents for the aforementioned project earlier scheduled for 11am, Monday, 31st March, 2025 is now extended to 11am, Thursday, 3rd April, […]
• NOTICE TO GENERAL PUBLIC FOR DISPOSAL OF LANDED PROPERTY AND OTHER PHYSICAL ASSETS OF HERITAGE BANK (IN-LIQUIDATION)
  March 18, 2025 by Sadiq Sadiq
  . NIGERIA DEPOSIT INSURANCE CORPORATION Plot 447/448 Constitution Avenue, Central Business District, Abuja E-mail: info@ndic.gov.ng, Website: www.ndic.gov.ng . NOTICE TO GENERAL PUBLIC FOR DISPOSAL OF LANDED PROPERTY AND OTHER PHYSICAL ASSETS OF HERITAGE BANK (IN-LIQUIDATION)    1.The Nigeria Deposit Insurance Corporation (NDIC), in the exercise of its statutory mandate as the Liquidator of failed banks…
• ADDENDUM: NOTICE TO GENERAL PUBLIC FOR DISPOSAL OF LANDED PROPERTY (WAREHOUSE) OF CITY EXPRESS BANK (IN-LIQUIDATION)
  March 14, 2025 by Sadiq Sadiq
                                                              NIGERIA DEPOSIT INSURANCE CORPORATION Plot 447/448 Constitution Avenue, Central Business District, Abuja E-mail: info@ndic.gov.ng, Website: www.ndic.gov.ng . ADDENDUM: NOTICE TO GENERAL PUBLIC FOR DISPOSAL OF LANDED PROPERTY (WAREHOUSE) OF CITY EXPRESS BANK (IN-LIQUIDATION)     . INTRODUCTION . Furtherance to the public advertisement by the Corporation on Thursday March 6, 2025 find below an addendum…