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.
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Category: Press Releases
NDIC REVIEWS MAXIMUM DEPOSIT INSURANCE COVERAGE (MDIC) TO PRIMARY MORTGAGE BANKS (PMBs), EXTENDS DIFFERENTIAL PREMIUM ASSESSMENT SYSTEM (DPAS) TO PRIMARY MORTGAGE BANKS (PMBs)
August 16, 2016
PRESS RELEASE The Nigeria Deposit Insurance Corporation (NDIC) has been granted approval for an upward review of its maximum ...
NDIC DECRIES RISE IN NON-PERFORMING INSIDER RELATED FACILITIES: CALLS FOR STIFFER SANCTIONS
July 26, 2016
PRESS RELEASE The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has expressed concern over ...
NDIC RELEASES 2015 ANNUAL REPORT
June 30, 2016
The Nigeria Deposit Insurance Corporation (NDIC) has released its 2015 Annual Report. Below are the highlights of the report. 1.0 Following ...
NDIC CEO ADVOCATES RE-ESTABLISHMENT OF NATIONAL SAVINGS BANK
April 20, 2016
The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has suggested the re-establishment of ...
NDIC AWARDS PRIZES TO ABU STUDENTS ON DIS COURSE
March 22, 2016
The Nigeria Deposit Insurance Corporation (NDIC) has presented prize awards to three deserving students of Ahmadu Bello University ...
FISCAL RESPONSIBILITY COMMISSION COMMENDS NDIC
January 26, 2016
The Fiscal Responsibility Commission (FRC) has commended the Management of Nigeria Deposit Insurance Corporation (NDIC) for compliance with the submission ...
NDIC RELEASES DEPOSIT INSURANCE GUIDELINES ON MOBILE PAYMENTS SYSTEM
January 18, 2016
Following the introduction of mobile banking in Nigeria by the Central Bank of Nigeria (CBN) which issued operating ...
NDIC DEVELOPS FRAMEWORK FOR NON-INTEREST DEPOSIT INSURANCE SCHEME
January 12, 2016
Following the successful take off of the non interest banking in Nigeria that is currently being undertaken by ...
NDIC ADVOCATES EFFECTIVE JUDICIAL PROCESS TO ENHANCE FINANCIAL STABILITY
November 7, 2015
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated that the Nigerian Judiciary is a critical institution towards achieving the NDIC ...
NDIC CHARGES JAIZ BANK ON BENEFITS OF NON-INTEREST BANKING TO NATIONAL ECONOMIC DEVELOPMENT
October 2, 2015
Nigeria Deposit Insurance Corporation (NDIC) has admonished the Management of Jaiz Bank Plc to embark on intensive public awareness and ...