Court orders CBN, NDIC to freeze ₦7.15bn linked to Parallex Bank
A Federal Capital Territory (FCT) High Court has directed the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance…
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NDIC
NDIC to disburse N24bn second tranche payment to defunct Heritage Bank…
The Nigeria Deposit Insurance Corporation (NDIC) has declared a N24.3 billion second liquidation dividend for depositors of the…
Why we seek end to remittance obligations to FG – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says deductions, particularly the federal government’s 50 percent cost-to-income…
NDIC announces date to commence sale of defunct Heritage Bank assets
The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024.
In a…
‘Come and claim your funds,’ NDIC tells customers of defunct…
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’…
The Managing Director/Chief Executive Officer of the Nigerian Deposit Insurance Corporation (NDIC), Bello Hassan has explained how…
CBN, NDIC to discuss bank recapitalisation
The Nigeria Deposit Insurance Corporation (NDIC), Central Bank of Nigeria (CBN), Bank of Industry, United Bank for Africa (UBA),…
License revocation: Why we’re yet to reimburse some insured…
The Nigeria Deposit Insurance Corporation (NDIC) has explained the delay in reimbursement of some insured depositors of the…
[EXCLUSIVE] Licence revocation: ‘We’re being stigmatized, living on…
Some staff of the recently liquidated Heritage Bank on Thursday stormed the National Assembly in Abuja to protest delayed payment…
NDIC to begin refunds to Heritage bank customers next week
The Nigerian Deposit Insurance Corporation (NDIC) says the payment of depositors in Heritage Bank will commence in one week.…