CBN, NDIC Forge Stronger Front to Protect Depositors and Steer Nigeria’s Financial Stability
The Central Bank of Nigeria and the Nigeria Deposit Insurance Corporation have renewed their commitment to deeper collaboration to safeguard ...
Tag: NDIC
NDIC Seeks Stronger Judicial Backing to Tackle Legal Setbacks in Bank Liquidation
The Nigeria Deposit Insurance Corporation (NDIC) has called for deeper collaboration with the nation’s judiciary to address persistent legal challenges ...
BCAN Challenges Excessive Bank Charges, Urges CBN Action as AI Reshapes Customer Experience
The Bank Customers Association of Nigeria (BCAN) has formally petitioned the Central Bank of Nigeria (CBN) over increasing deductions and ...
NDIC Begins Payment of Liquidation Dividends to Premier Commercial Bank Creditors after 25 years closure
The Nigeria Deposit Insurance Commission (NDIC) has officially commenced the payment of liquidation dividends to creditors of Premier Commercial Bank, ...
OPay’s Scam Alerts Warns You Before You Make Costly Mistakes
Just seconds before sending money, the offer seems too good to miss and the seller appears trustworthy — but a ...
NDIC to Begin Dividend Payments to Heritage Bank Shareholders in April
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to begin liquidation dividend payments to shareholders of the defunct Heritage ...
CBN Opens Window for Beneficiaries to Claim Funds from Dormant Accounts
The Central Bank of Nigeria (CBN) has announced that next-of-kin, beneficiaries or legal agents can now claim unclaimed funds from ...
NDIC Pledges Stronger Protection for Depositors Amid Bank Failures
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its dedication to ensuring stability in the Nigerian banking sector by guaranteeing ...
NDIC Increases Deposit Insurance Coverage For Bank Customers in Nigeria to N5 million
The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant increase in the maximum deposit insurance coverage levels across various ...
Liquidation of Fortis Microfinance Bank ongoing – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that the liquidation of Fortis Microfinance bank is still on-going and the ...
