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NDIC reassures depositors, warns against ponzi schemes

  Depositors   The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr Thompson Oludare-Sunday, has reaffirmed the corporation’s...

Heritage Bank: Discrepancies in account names delaying 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:NDIC poised to recover N700bn loans owed by 2.3m depositors

  The Nigeria Deposit Insurance Corporation, NDIC, has announced that it will pay out insured deposits to depositors of the defunct Heritage Bank who have N5m or...

Liquidated Heritage Bank: NDIC commences payment to depositors’ with less than N5m

  Payment to depositors with liquidated Heritage Bank having N5 million and below will begin on Monday, the Nigeria Deposit Insurance Corporation (NDIC) said...

NDIC declares N16 billion liquidation dividends

  The Nigeria Deposit Insurance Corporation (NDIC), has declared an additional over N16 billion as liquidation dividend to be paid to depositors, creditors and...

Alleged $76million hidden in Abuja Mansion: We are working to unravel the mystery says NDIC

  The Nigeria Deposit Insurance Corporation (NDIC) has been speaking on the alleged discovery of seventy six million United States dollars in a mansion belonging to...

N119.204b fraud perpetrated by 474 staff in 10 banks in 2020 — NDIC

  The Nigeria Deposit Insurance Corporation has disclosed that the total amount resulting from bank fraud and forgery cases stood at N120.79 billion in 2020. This,...

Senate confirms Osuji as NDIC Executive Director

  The Senate has confirmed the nomination of Mrs. Emily Chidinma Osuji as Executive Director of the Nigerian Deposit Insurance Corporation (NDIC). The confirmation...