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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...
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...
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...
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