NDIC Starts Compensation for Customers of 46 Closed Microfinance Banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the payment of insured…
NDIC, Wema Bank Face Off Over Banana Island Properties Worth N63bn
The Nigerian Deposit Insurance Corporation (NDIC) and Wema Bank have become embroiled…
CBN Dismisses Polaris Bank Liquidation Rumours, Assures Banking Sector Stability
The Central Bank of Nigeria (CBN) has dismissed widespread rumours suggesting that…
CBN, NDIC Ask Court to Halt Aso Savings, Union Homes Suit
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation…
NDIC Assures ASO, Union Homes Depositors of Up to N2m Insurance Payouts
The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of Aso Savings…
CBN Revokes Licences of Aso Savings, Union Homes
The Central Bank of Nigeria (CBN) has revoked the operating licences of…
NDIC to Begin Liquidation Dividend Payout for Heritage Bank Depositors in April 2025
The Nigeria Deposit Insurance Corporation (NDIC) will declare the first liquidation dividend…
NDIC Seeks Legal Support to Recover Debts, Manage Heritage Bank’s Assets
The Nigeria Deposit Insurance Corporation (NDIC) has called on external solicitors to…
NDIC Pursues Debtors Owing Heritage Bank N700bn
The Nigerian Deposit Insurance Corporation (NDIC) announced on Wednesday its intention to…
NDIC Repays Depositors of 179 Closed Microfinance and Mortgage Banks
The Nigeria Insurance Corporation (NDIC) has announced the successful reimbursement of deposits…