To be the best Deposit Insurer in the World by 2020
To protect depositors and contribute to the stability of the financial system through effective supervision of insured institutions, provision of financial/technical assistance to eligible insured institutions, prompt payment of guaranteed sums and orderly resolution of failed insured financial institutions.
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Category: Press Releases
NDIC RELEASES DEPOSIT INSURANCE GUIDELINES ON MOBILE PAYMENTS SYSTEM
January 18, 2016
Following the introduction of mobile banking in Nigeria by the Central Bank of Nigeria (CBN) which issued operating ...
NDIC DEVELOPS FRAMEWORK FOR NON-INTEREST DEPOSIT INSURANCE SCHEME
January 12, 2016
Following the successful take off of the non interest banking in Nigeria that is currently being undertaken by ...
NDIC ADVOCATES EFFECTIVE JUDICIAL PROCESS TO ENHANCE FINANCIAL STABILITY
November 7, 2015
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated that the Nigerian Judiciary is a critical institution towards achieving the NDIC ...
NDIC CHARGES JAIZ BANK ON BENEFITS OF NON-INTEREST BANKING TO NATIONAL ECONOMIC DEVELOPMENT
October 2, 2015
Nigeria Deposit Insurance Corporation (NDIC) has admonished the Management of Jaiz Bank Plc to embark on intensive public awareness and ...
NDIC INTRODUCES DEPOSIT INSURANCE SYSTEM (DIS) CURRICULUM IN UNIVERSITIES, TERTIARY INSTITUTIONS
August 5, 2015
PRESS STATEMENT NDIC INTRODUCES DEPOSIT INSURANCE SYSTEM (DIS) CURRICULUM IN UNIVERSITIES, TERTIARY INSTITUTIONS The Nigeria Deposit Insurance Corporation ...
WORLD BANK COMMENDS NDIC FOR ROBUST TARGET FUNDING
July 23, 2015
The World Bank has commended Nigeria Deposit Insurance Corporation (NDIC) for its robust Target Fund Ratio Framework which enables the ...
NDIC URGES BANKS TO PAY GREATER ATTENTION TO CORPORATE GOVERNANCE
July 3, 2015
The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Alh. Umaru Ibrahim has charged stakeholders in ...
Fire Incident at Mamman Kontagora House, Lagos
April 15, 2015
An unfortunate fire incident occurred this morning at the Mamman Kontagora House, 23 Marina,Lagos. Luckily no life was lost ...
Group Managing Director, Nigerian Army Welfare Limited visits NDIC
April 10, 2015
NDIC TASKS ASO SAVINGS & LOANS PLC TO ENTHRONE GOOD CORPORATE GOVERNANCE
April 9, 2015
Management of Aso Savings & Loans Plc have been advised to ensure sound corporate governance in the take-over of Union ...