NDIC Begins Payments to Depositors of 46 Closed Microfinance Banks
The Nigeria Deposit Insurance Corporation has commenced reimbursement of depositors affected by the closure of 46 microfinance banks across the ...
Tag: #NDIC
NDIC Disburses N37.65 Billion to Customers of Failed Banks in 2025
The Nigeria Deposit Insurance Corporation (NDIC) paid out a total of N37.65 billion to depositors of failed banks throughout 2025, ...
NDIC Moves to Wind Up 89 Failed Microfinance and Mortgage Banks After Successful Rescue
The Nigeria Deposit Insurance Corporation (NDIC) has begun the final stage of liquidating 89 defunct Microfinance Banks (MFBs) and Primary ...
NDIC Accelerates Payouts for Failed Banks: BVN Link Now Key to 72-Hour Access
The Nigeria Deposit Insurance Corporation (NDIC) has significantly sped up the process of reimbursing depositors when a bank fails, promising ...
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 ...
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 ...
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