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Read more about the article CBN, NDIC To Discuss Bank Recapitalisation At Summit
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat

CBN, NDIC To Discuss Bank Recapitalisation At Summit

The Nigeria Deposit Insurance Corporation, the Central Bank of Nigeria, the Bank of Industry, the United Bank for Africa, Access Holdings Plc, and other financial institutions will be discussing the…

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September 10, 2024
Read more about the article Heritage Bank: NDIC Goes After N700bn Loan Defaulters, Lists 2.3m Depositors
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat

Heritage Bank: NDIC Goes After N700bn Loan Defaulters, Lists 2.3m Depositors

The Nigeria Deposit Insurance Corporation has announced that it will pay out insured deposits to depositors of the defunct Heritage Bank who have N5m or less in their accounts. NDIC,…

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June 6, 2024
Read more about the article BREAKING: NDIC Increases Depositors’ Coverage For Banks To N5m
Don't Miss / Economy & Business / Editor's Pick / Featured / News / Newsbeat

BREAKING: NDIC Increases Depositors’ Coverage For Banks To N5m

The Nigeria Deposit Insurance Corporation, (NDIC), has announced a revision of the Maximum Deposit Insurance Coverage for financial institutions operating within the country. Mr Hassan Bello, Managing director of the…

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May 2, 2024
Read more about the article NDIC Refunds Depositors Of 179 Liquidated Banks
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat

NDIC Refunds Depositors Of 179 Liquidated Banks

The Nigeria Insurance Corporation, (NDIC), has said that it has reimbursed depositors of 179 rested microfinance and four mortgage banks across the country. The Managing Director of the NDIC, Dr…

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March 1, 2024