Business NDIC announces date to commence sale of defunct Heritage Bank assets Oluwadamilare Emmanuel Nov 12, 2024 The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024. In a…
Business ‘Come and claim your funds,’ NDIC tells customers of defunct… Oluwadamilare Emmanuel Nov 8, 2024 The Nigeria Deposit Insurance Corporation (NDIC) says customers of the defunct Heritage Bank who are yet to receive payment should…
Heritage Bank liquidation: Our success story so far with depositors’… Oluwadamilare Emmanuel Sep 27, 2024 The Managing Director/Chief Executive Officer of the Nigerian Deposit Insurance Corporation (NDIC), Bello Hassan has explained how…
Business CBN, NDIC to discuss bank recapitalisation Toyibat Ajose Sep 11, 2024 The Nigeria Deposit Insurance Corporation (NDIC), Central Bank of Nigeria (CBN), Bank of Industry, United Bank for Africa (UBA),…
Business License revocation: Why we’re yet to reimburse some insured… Oluwadamilare Emmanuel Aug 12, 2024 The Nigeria Deposit Insurance Corporation (NDIC) has explained the delay in reimbursement of some insured depositors of the…
News [EXCLUSIVE] Licence revocation: ‘We’re being stigmatized, living on… Oluwadamilare Emmanuel Jul 19, 2024 Some staff of the recently liquidated Heritage Bank on Thursday stormed the National Assembly in Abuja to protest delayed payment…
News NDIC to begin refunds to Heritage bank customers next week Toyibat Ajose Jun 5, 2024 The Nigerian Deposit Insurance Corporation (NDIC) says the payment of depositors in Heritage Bank will commence in one week.…
News NDIC set to pay N16.18bn liquidation dividends to failed banks’ depositors Alagbe Shenayon Dec 8, 2023 The Nigeria Deposit Insurance Corporation (NDIC) has announced its readiness to carry out full liquidation dividend payments,…
Business How NDIC Paid N11.84b To Over 443,949 Insured Depositors, N101.37b To… Olusegun Kugbayi Nov 29, 2022 The Nigeria Deposit Insurance Corporation (NDIC) on Monday said as of June 2022, cumulatively paid N11.83 billion to over 443,949…
NDIC warns Nigerians, says it doesn’t cover investments by fund managers Oluwadamilare Emmanuel Aug 4, 2022 The Nigeria Deposit Insurance Corporation (NDIC) has said it doesn’t cover investment by fund managers, even as it advised…