Archive: April, 2016


The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has suggested the re-establishment of Nigeria Savings Bank to expand the frontiers of Nigeria’s banking system. Responding to a question at a lecture titled: “NDIC and Engendering Confidence in the Financial Services Sector for ... Read More


The banking license of African International Bank Ltd (closed bank) was revoked by the Governor of the Central Bank of Nigeria (CBN) on the 2nd September, 2013.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 ... Read More


Protocols It is with great pleasure and sense of satisfaction to be in your midst today to participate in the Nigeria Deposit Insurance Corporation (NDIC) Special Day at the on-going 27th Enugu International Trade Fair. Let me use this opportunity to welcome the State government officials, eminent ... Read More