Latest News

12

Oct2018
The Operating Licences of the under-listed Primary Mortgage Banks were revoked by the Central Bank of Nigeria (CBN) on September 26, 2018 and the Nigeria Deposit Insurance Corporation (NDIC) assumed the capacity as Provisional Liquidator of the banks.  ... Read More

12

Oct2018
The Operating Licences of the under-listed Microfinance Banks were revoked by the Central Bank of Nigeria (CBN) on September 26, 2018 and the Nigeria Deposit Insurance Corporation (NDIC) assumed the capacity of Provisional Liquidator.  ... Read More

05

Oct2018
PRESS RELEASE   The Honourable Minister of Finance Hajiya Zainab Ahmed, has directed the Central Bank of Nigeria (CBN), and the Nigeria Deposit Insurance Corporation (NDIC), to fully investigate and prosecute all the Directors and Executive Management who contributed to the collapse of the defunct Skye Bank plc ... Read More

25

Sep2018
PRESS RELEASE   The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has been elected the new Chairperson of the Africa Regional Committee (ARC) of the International Association of Deposit Insurers (IADI). Ibrahim was elected during the Annual General Meeting (AGM) of ... Read More

22

Sep2018
PRESS RELEASE   1. In continuation of the Central Bank of Nigeria (CBN) intervention in the distressed Skye Bank Plc., on the 4th July 2016, which was aimed at protecting depositors of that bank, the NDIC, in the exercise of its statutory powers, under the NDIC ACT, 2006, and ... Read More