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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

• NOTICE TO GENERAL PUBLIC FOR DISPOSAL OF PROPERTIES BELONGING TO FORTUNE BANK (IN-LIQ.), UNITED COMMERCIAL BANK (IN- LIQ.) AND HERITAGE BANK (IN- LIQUIDATION).
  July 3, 2025 by mgbemenacu
                                       1. The Nigeria Deposit Insurance Corporation (NDIC), in the exercise of its statutory mandate as the Liquidator of failed banks under section 62(1)(d) of NDIC Act, 2023 as amended, wishes to invite the general public for the upcoming disposal of five (5 Nos.) Landed Properties belonging to defunct Fortune Bank (in- liq.), United Commercial Bank (in- liq.) and Heritage Bank (In-Liq.) situated across the country. The schedule dates for the organized auction exercise shall be staggered to accommodate adequate inspection and competition […]
• NOTICE TO GENERAL PUBLIC FOR THE DISPOSAL OF HARBOUR TUG BOAT OCEAN LEGACY-MARINE VESSEL FOR THE DEFUNCT HERITAGE BANK (IN-LIQUIDATION) LOCATED AT BONNY RIVER, PORTHARCOURT RIVERS STATE.
  June 27, 2025 by Nasir Auwal
  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 (NDIC), in the exercise of its statutory mandate as the Liquidator of failed banks under section 62(1) (d) of NDIC Act, 2023 as amended, wishes to invite the general public for the upcoming disposal…
• NDIC Seeks Stakeholders’ Inputs to IADI Core Principles for Effective Deposit Insurance
  June 4, 2025 by Nasir Auwal
  The Nigeria Deposit Insurance Corporation (NDIC) has called for feedbacks from financial services industry stakeholders in the country, policy makers and the general public towards the ongoing revision of the International Association of Deposit Insurers (IADI) Core Principles for Effective Deposit Insurance System. The proposed revision launched by IADI in May 2025, is a significant…
• STRENGTHENING PARTNERSHIP BETWEEN THE NDIC AND THE CHARTERED INSTITUTE OF DIRECTORS TO ENHANCE CORPORATE GOVERNANCE
  May 16, 2025 by mgbemenacu
  MD/CE, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan (middle) and the NDIC Executive Director Corporate Services, Mrs Emily Osuji (2nd Right) pose for a group photograph with members of the Governing Council of the Chartered Institute of Directors (CIoD) led by the President and Chairman of Council, Alhaji Tijjani M. Borodo (3rd Right) during…
• CHARTERED INSTITUTE OF DIRECTORS NIGERIA LAUDS NDIC’S COMMITMENT TO ADVANCING CORPORATE GOVERNANCE, ETHICAL LEADERSHIP
  May 16, 2025 by mgbemenacu
  CHARTERED INSTITUTE OF DIRECTORS NIGERIA LAUDS NDIC’S COMMITMENT TO ADVANCING CORPORATE GOVERNANCE, ETHICAL LEADERSHIP The Nigeria Deposit Insurance Corporation’s (NDIC) excellence in operational standards, consistent implementation of its mandate, and unwavering commitment to ethical leadership and sound corporate governance especially in banking supervision and depositor protection, have been critical factor in the Corporation’s success in…