Archive: 2018

13

Dec2018
Protocol Honourable Justice Zainab Adamu Bulkachuwa, President, Court of Appeal; Honourable Justices of the Court of Appeal; Members of the Inner and Outer Bar Distinguished Guests; Ladies and Gentlemen!   It is with sincere delight that I address this august gathering of distinguished Jurists and invited guests.   It is on record that the Nigeria ... Read More

11

Dec2018
The Council of the Islamic Financial Services Board (IFSB) which has its headquarters in Kuala Lumpur, Malaysia, has admitted the Nigeria Deposit Insurance Corporation (NDIC) as a full member of the board. The NDIC joins the Central Bank of Nigeria (CBN) as the other Nigerian institution on the Board of ... Read More

22

Nov2018
PRESS RELEASE   The Senate Committee on Banking, Insurance and Other Financial Institutions has expressed a strong Commitment for the accelerated amendment of the Nigeria Deposit Insurance Corporation (NDIC) Act, 2006, to eliminate the gaps that have hindered the full ... Read More

14

Nov2018
The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of the recently closed MFBs and PMBs, is calling on all the depositors of the under listed closed banks to file their claims for the payment of their insured deposits with the NDIC officials ... Read More

13

Nov2018
PRESS RELEASE   The Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) are monitoring the investigations of law enforcement agencies instituted against the directors and management of the failed Skye Bank Plc to determine their culpability in the failure of ... Read More

10

Nov2018
PRESS RELEASE   The Nigeria Deposit Insurance Corporation (NDIC) has been declared the best performing public sector institution in Nigeria on compliance with Information Technology Clearance Regulation after a rigorous selection process in Nigeria. The award was conferred on the Corporation by the Nigeria Technology Development Agency (NITDA), ... Read More

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. Click here to view the Official Gazette.  ... 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