ndic

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    NDIC STRENGTHENS JUDICIARY PARTNERSHIP TO EXPEDITE RECOVERY FOR DEPOSITORS OF FAILED BANKS

    NDIC STRENGTHENS JUDICIARY PARTNERSHIP TO EXPEDITE RECOVERY FOR DEPOSITORS OF FAILED BANKS Key Details: The Nigerian Deposit Insurance Corporation (NDIC) is enhancing its collaboration with the judiciary to speed up legal actions against failed financial institutions. NDIC Managing Director...
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    NDIC SETTLES 85% OF DEPOSITORS OF DEFUNCT HERITAGE BANK

    NDIC SETTLES 85% OF DEPOSITORS OF DEFUNCT HERITAGE BANK Overview: The Nigeria Deposit Insurance Corporation (NDIC) has reported that approximately 84.98% of depositors from the defunct Heritage Bank have been compensated. This announcement was made by the NDIC Managing Director, Bello Hassan...
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    COLLABORATION BETWEEN CBN, SEC, AND NDIC TO SIMPLIFY BANK RECAPITALISATION

    COLLABORATION BETWEEN CBN, SEC, AND NDIC TO SIMPLIFY BANK RECAPITALISATION 1. Article Overview: - The Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and the Nigeria Deposit Insurance Corporation (NDIC) are collaborating to streamline the bank recapitalization...