Archive: February, 2019

14

Feb2019
The attention of the Nigeria Deposit Insurance Corporation (NDIC) has been drawn to a report in the Daily Trust Newspaper of Friday, 8th February, 2019 which alleged a hasty liquidation of Fortis Micro-Finance Bank (MFB). The report relied on statements credited to one Mallam Garba Kurfi, Managing Director of APT ... Read More

13

Feb2019
Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation (NDIC) have stated their commitment to the formulation of sound policies to enhance the safety and stability of the nation’s financial system as a way of justifying the confidence reposed in them through their appointment. The Chairman, Mrs Ronke ... Read More

05

Feb2019
1. The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of the banks whose licences were recently revoked, is in the process of paying the Insured Depositors. We therefore advise that all depositors of these banks should visit the closed banks’ addresses and meet NDIC officials for the verification of ... Read More

03

Feb2019
The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of Fortis Microfinance Bank whose licence was recently revoked, has concluded arrangement to close the bank and its branches and pay the insured Depositors. We are therefore calling all depositors of the bank to visit the bank’s branches and meet NDIC ... Read More