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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


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


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


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