Archive: 2020

21

Oct2020
PRESS RELEASE The Nigeria Deposit Insurance Corporation (NDIC) has taken the front seat in the international finance community to drive public discourse on the impact, risks, challenges and opportunities of Financial Technology (FINTECH) by organising a two-day Virtual International Conference with the theme ... Read More

20

Oct2020
DATE:    MONDAY 19TH – WEDNESDAY 21ST OCTOBER, 2020   VENUE: THE PROVIDENCE HOTEL BY MANTIS, IKEJA, LAGOS  Protocols  It is my singular privilege and honour to warmly welcome you all to the 2020 edition of the NDIC Workshop for ... Read More

04

Oct2020
The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of the defunct Post Service Homes Savings and Loans Ltd whose licence was revoked, is in the process of paying insured sums to the depositors of the closed bank. We therefore advise that all depositors of the ... Read More

04

Oct2020
The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of FEMAZ Microfinance Bank (in-Liquidation) is in the process of paying insured sums to the depositors of the closed bank. By this notice, all depositors of the bank are hereby requested to visit the defunct bank’s branch ... Read More

07

Sep2020

02

Sep2020
PRESS RELEASEThe implementation of effective fiscal and monetary policy measures is critical towards addressing the unexpected impact of the Covid-19 pandemic on the Financial System. The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim stated this in a speech delivered on his behalf by ... Read More

20

Aug2020
PRESS RELEASE Contrary to misleading reports, the Nigeria Deposit Insurance Corporation (NDIC) has adhered to statutory guidelines on the distress resolution and liquidation of Fortis Microfinance Bank (MFB) Plc. and the protection of interest of depositors. The initial efforts by regulatory authorities ... Read More

17

Jul2020
In a bid to establish effective legal instruments to secure the safety and stability of the nation’s financial system, there is a need to closely examine enacting laws with a view to harmonising the positions of the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria ... Read More

23

Jun2020
As part of the measures put in place to safeguard the life of staff, other occupants and visitors, the Corporation commenced the routine decontamination of the NDIC Head Office Building on Monday, 22nd June, 2020.   The exercise which is part of the recommended guidelines for the management ... Read More

20

Apr2020
PRESS RELEASE   The Nigeria Deposit Insurance Corporation (NDIC) has condoled with President Muhammadu Buhari on the demise of his late Chief of Staff Mallam Abba Kyari who died on Friday 17th of April, 2020. In a letter addressed to the President and signed on behalf of the ... Read More