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
- by Maryam Aliyu Dikko. SENSITIZATION SEMINAR FOR DEBT RECOVERY AGENTS OF THE NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC) . THEME: OPERATIONALIZNG THE PROVIS IONS OF NDIC ACT 2023 FOR EFFECTIVE DEBT RECOVERY . KEYNOTE ADDRESS Thompson Oludare S unday Managing Director/CE FACILITATOR TOPIC Olaniwun Ajayi LP Implementation of the NDIC Act 2023 and Enhanced Powers of the Corporation for…
- by Maryam Aliyu Dikko. SALE OF ASSETS OF CLOSED MICRO FINANCE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID . The Nigeria Deposit Insurance Corporation (NDIC), in exercise of its right as Liquidator of failed Micro finance banks (MFBs), hereby invites interested members of the general public to buy the assets (furniture, fixture, fittings, equipment, generators, motor vehicles…
- by Sadiq SadiqPRESS RELEASE . NDIC AND EFCC TO FURTHER STRENGTHEN COLLABORATION TO ENHANCE ASSET RECOVERY AND PROSECUTION OF BANK FAILURE OFFENCES The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to strengthening collaboration with the Economic and Financial Crimes Commission (EFCC) to enhance the recovery of failed banks’ assets and debts as well as the…
- by Sadiq SadiqHERITAGE BANK (IN LIQUIDATION): NDIC DECLARES ₦24.3 BILLION SECOND LIQUIDATION DIVIDEND TO DEPOSITORS WITH BALANCES ABOVE THE STATUTORY INSURED LIMIT OF ₦5 MILLION AT DATE OF CLOSURE Following the revocation of the banking license of Heritage Bank Limited by the Central Bank of Nigeria (CBN) on June 3, 2024, the Nigeria Deposit Insurance Corporation (NDIC)…
- by Sadiq SadiqPRESS RELEASE NDIC REAFFIRMS COMPLIANCE WITH FISCAL, FINANCIAL REGULATIONS TO STRENGTHEN DEPOSITOR PROTECTION . The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare Sunday, has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC…