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Insured institutions are all deposit-taking financial institutions licensed by the Central Bank of Nigeria (CBN) such as:
Membership is compulsory as provided under the NDIC Act No 16 of 2006.
To identify insured financial institutions, look out for an NDIC decal (sticker) displayed in the head offices and branches of all insured institutions or visit click here to search for your financial institution. You may also call our Help Lines at 09 460 1280; and 09 460 1032.
Financial institutions not covered by the NDIC include:
Deposit insurance is payable only when an insured institution has been closed as a result of action taken by the Central Bank of Nigeria.
No1 Oshele Road, Ibara GRA Abeokuta.
28A & B Benoni Hospital Road Off Airport Road, G.R.A. Benin City
Plot No. 3 Bank Road Bauchi.
10 Our Lords’ Street Independence Layout Enugu
No 23B, Ahmadu Bello Way, GRA Ilorin.
Plot 44/45, Muhammad Muhammad Avenue, Off Maiduguri Road, Hotoro, G.R.A.
Plot 56, Area A, World bank Area, New Owerri Landmark, Behind Immaculate Hotel, Opposite Fidelity Bank Plc.
No. 104 Woji Road Off Olu Obasanjo Road GRA Port-Harcourt.
No. 2 Gusau Road, Opposite NNPC Mega Station Sokoto
No. 6 Numan Road P.M.B. 2227 Jimeta-Yola Adamawa State.