The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to ensuring prompt access to depositors’ funds in the event of a bank failure, following significant improvements to its claims settlement process.
Managing Director/Chief Executive of NDIC, Mr ... The enhanced provisions of the NDIC Act are designed to support you in this task, and this seminar aims to familiarise you with these expanded powers,” he said.
Managing Director/Chief Executive of NDIC, Mr ... The enhanced provisions of the NDIC Act are designed to support you in this task, and this seminar aims to familiarise you with these expanded powers,” he said.
... (AMCON) and Nigeria Deposit Insurance Corporation (NDIC) expenses in the nine months of 2025 ... Typically, banks with the largest deposits pay the most premium to NDIC in terms of absolute numbers.
Inn a banking sector still haunted by the ghosts of past collapses and buffeted by the dizzying pace of digital transformation, the latest pronouncement from the Nigeria Deposit Insurance Corporation (NDIC) arrives as both a reassurance and a rebuke.
The Nigeria Deposit Insurance Corporation (NDIC) has advised bank customers to operate alternate accounts in other financial institutions to ensure quick access to their funds when a financial institution experiences distress.
The Nigeria Deposit Insurance Corporation (NDIC) is now operating under stronger, more effective laws to execute its mandate to liquidate. read more Stronger laws empower NDIC to enforce bank liquidation mandate ....