NDIC begins refund, highest depositors to get N5m
On the 4th of June 2024, the Nigerian Deposit Insurance Commission (NDIC) has initiated the refund process for the failed ...
Tag: #NDIC
NDIC Increases Deposit Insurance Coverage Across Banking Sectors
The Nigeria Deposit Insurance Corporation (NDIC) has introduced significant adjustments to the maximum deposit insurance coverage levels across various sectors ...
NDIC Guides Depositors to Recover N400 Billion Debt from Failed Banks
The Nigeria Deposit Insurance Corporation (NDIC) is set to embark on a robust campaign to recover a staggering N400 billion ...
NDIC Pursues N400 Billion Debt Recovery from Failed Banks
In a bid to address the significant challenge of debt recovery in the Nigerian banking sector, the Nigeria Deposit Insurance ...
NDIC Begins Depositors’ Payment after Bank License Revocations by CBN
In response to the recent revocation of licenses by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation ...
NDIC Begins Verification Exercise for Insured Depositors of Defunct Peak Merchant Bank.
The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of the verification exercise for insured depositors of Peak Merchant ...
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