Latest News

28

Aug2017
The Nigeria Deposit Insurance Corporation (NDIC) is organising a five-day capacity building programme for senior officials of Ghana Deposit Protection Corporation (GDPC) as part of the NDIC’s efforts to assist member countries in the West African sub region to comprehend the relevance of Deposit Insurance System (DIS) in ... Read More

04

Aug2017
The banking industry recorded a decline in the rate of successful fraud incidences and extent of amount of losses in 2016, compared to 2015. The NDIC Managing Director/Chief Executive, Alh. Umaru Ibrahim, FCIB, mni, made this disclosure while delivering a lecture: “The Role of NDIC in Mitigating Corruption ... Read More

28

Jul2017
IN THE MATTER OF THE COMPANIES AND ALLIED MATTERS ACT 1990 NOTICE TO DEPOSITORS OF THE FOLLOWING BANKS (IN-LIQUIDATION) OF THE INTENTION TO DECLARE DIVIDEND All persons listed as Depositors in the records of the following banks (in-liquidation) who are eligible for liquidation dividend should file their proof of claim with the ... Read More

13

Jul2017
The banking licence of African International Bank Ltd (closed bank) was revoked by the Governor of the Central Bank of Nigeria (CBN) on the 2nd September, 2013. Pursuant to Section 40 (1) of the Nigeria Deposit Insurance Corporation Act, 2006, the NDIC became the liquidator of the closed bank and ... Read More

04

Jul2017
  PRESS RELEASE   “An investment in knowledge pays the best interest” – Benjamin Franklin, American author, scientist and statesman   The evolution of elaborate deposit insurance system (DIS) can be traced to the United States Congress which created the Federal Deposit Insurance Corporation in 1933 following ... Read More