To be the best Deposit Insurer in the World by 2020
To protect depositors and contribute to the stability of the financial system through effective supervision of insured institutions, provision of financial/technical assistance to eligible insured institutions, prompt payment of guaranteed sums and orderly resolution of failed insured financial institutions.
Mandate Powers & Functions
Departments & Their Directors
Past Board Members
Serving Board Members
Closed Financial Institutions
Closed Microfinance Banks
Category: Press Releases
BANKING INDUSTRY RECORDED DECLINE IN FRAUDS, FORGERIES – NDIC
August 4, 2017
The banking industry recorded a decline in the rate of successful fraud incidences and extent of amount of ...
NDIC ACADEMY: AFRICA’S EMERGING CENTRE OF EXCELLENCE
July 4, 2017
PRESS RELEASE “An investment in knowledge pays the best interest” – Benjamin Franklin, American author, scientist and ...
NDIC ACADEMY TO LEAD AFRICA IN DEPOSIT INSURANCE
May 30, 2017
PRESS RELEASE The Nigeria Deposit Insurance Corporation (NDIC) is set to lead the African Sub-Region in enhancing ...
IGNORE RUMOURS OF FINANCIAL DISTRESS IN BANKS
May 11, 2017
PRESS RELEASE The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has called ...
TASK FORCE ON IMPLEMENTATION OF FAILED BANKS ACT TO RE-ARREST ACCUSED PERSONS THAT HAVE ABSCONDED
April 20, 2017
PRESS RELEASE The Task Force on the Implementation of the Failed Bank Act has given notice to ...
NDIC TRAINS EFCC/ICPC OPERATIVES
December 6, 2016
The Nigeria Deposit Insurance Corporation (NDIC) has concluded a capacity building programme for Operatives of the Economic and Financial Crimes ...
NDIC POSTPONES WORKSHOP FOR PMB OPERATORS
November 21, 2016
NDIC POSTPONES WORKSHOP FOR PMB OPERATORS The Nigeria Deposit Insurance Corporation (NDIC) has postponed the workshop on differential premium ...
OKEREKE-ONYUIKE’s CALL TO FG: MERGE NDIC WITH AMCON TO IMPROVE EFFICIENCY
November 15, 2016
OKEREKE-ONYUIKE’s CALL TO FG: MERGE NDIC WITH AMCON TO IMPROVE EFFICIENCY Our attention has been drawn to remarks credited to erstwhile ...
NDIC BOSS RE-ELECTED INTO IADI EXCO
November 9, 2016
PRESS RELEASE The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Alh. Umaru Ibrahim has been re-elected ...
SENATE LAUDS NDIC FOR REGULAR REMITTANCE TO CONSOLIDATED REVENUE FUND
October 18, 2016
The Senate Committee on Banking, Insurance and Other Financial Institutions has commended the Nigeria Deposit Insurance Corporation (NDIC) for its ...