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NDIC insures your Bank Deposits

Licenced banks are automatically covered by NDIC. Therefore, bank with confidence in any licenced bank across Nigeria. NDIC deposit insurance is backed by the NDIC Act of 2006 as amended for the purpose of insuring all deposit liabilities of licensed banks.

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ADDRESS BY THE MANAGING DIRECTOR/CHIEF EXECUTIVE, NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC), MR. BELLO HASSAN DURING THE CORPORATION’S SPECIAL DAY AT THE 43RD KANO INTERNATIONAL TRADE FAIR ON THURSDAY 8TH DECEMBER, 2022
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STAKEHOLDERS CANVASS SUPPORT FOR NDIC ACT AMENDMENT BILL
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NDIC receives the Bureau for Public Service Reform (BPSR) award for Ranking 3rd place in the Federal Government Scorecard for websites of Ministries, Departments, and Agencies (MDAs) category
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NDIC CRITICAL TO FINANCIAL INCLUSION ACHIEVEMENTS SHOWCASED AT INTERNATIONAL FINANCIAL INCLUSION CONFERENCE 2022
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NOTICE TO DEPOSITORS OF POST SERVICE SAVINGS & LOANS (IN-LIQUIDATION)
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Our Mandate

Deposit Guarantee

NDIC guarantees the payment of deposits up to the maximum limit in accordance with its statue in the event of failure of an insured financial institution
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Bank Supervision

Giving technical and financial assistance to insured financial institutions
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Failure Resolution

Ensure that failing and failed insured institutions are resolved in a timely and efficient manner
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Bank Liquidation

The bank liquidation option is always adopted by the corporation for banks that fail to respond to prompt corrective actions
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The NDIC (Nigeria Deposit Insurance Corporation) is an independent agency of the Federal Government of Nigeria. The purpose of the deposit insurance system is to protect depositors and guarantee the settlement of insured funds when a deposit-taking financial institution can no longer repay their deposits, thereby helping to maintain financial system stability.

Head Office

Plot 447/448 Constitution
Avenue, Central Business District, Abuja

Lagos Office

23 A Marina, Lagos. P.M.B. 12881 Lagos. 
Tel: (01) 2719010,  01- 4663400
Fax: (01) 264 7848

24/7 Customer support

Toll Free: 080063424357
Email: helpdesk@ndic.gov.ng

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  • Africa Regional Committee (ARC IADI)
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