NDIC Gains Stronger Teeth to Prosecute Bank Failures, Speed Up Payouts to Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has announced a major upgrade in its legal arsenal, enabling it to more aggressively ...
Tag: #NDIC
NDIC Continues Payouts to Heritage Bank Depositors, Addresses Delays
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to reimbursing all eligible depositors of the defunct Heritage Bank, ...
NDIC Begins Payout of Premier Commercial Bank Liquidation Dividends After 25 Years
The Nigeria Deposit Insurance Commission (NDIC) has started distributing liquidation dividends to creditors of Premier Commercial Bank, which was closed ...
NDIC Assures Customers of Heritage Bank’s Safe Deposits Amid Liquidation Process
The Nigeria Deposit Insurance Corporation (NDIC) has reassured customers of the defunct Heritage Bank that their funds are secure despite ...
CBN, NDIC to Address Bank Recapitalization at Upcoming Finance Summit
The Nigeria Deposit Insurance Corporation (NDIC), in collaboration with the Central Bank of Nigeria (CBN) and several major financial institutions, ...
NDIC Addresses Payment Delays for Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has provided an update on its efforts to reimburse depositors of the defunct Heritage ...
OPay Reassures Customers with Enhanced N5m Deposit Insurance Coverage
In a recent announcement, leading Nigerian fintech company OPay has reassured its customers that their deposits are now insured up ...
NDIC Attributes Delayed Refunds for Heritage Bank Customers to Account Discrepancies
The Nigeria Deposit Insurance Corporation (NDIC) has identified discrepancies in account names linked to the Bank Verification Numbers (BVN) of ...
NDIC Lists Heritage Bank’s Headquarters and Assets for Sale
The Nigeria Deposit Insurance Corporation (NDIC) has announced the sale of the head office and other assets of the defunct ...
NDIC Assures Heritage Bank Depositors: How to Reclaim Insured Funds
The Nigeria Deposit Insurance Corporation (NDIC) has taken decisive action by initiating the liquidation process for Heritage Bank Plc. This ...
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