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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


Protocol   I am highly delighted to welcome and address you all at this important occasion of the inauguration of the Board of Directors of the Nigeria Deposit Insurance Corporation (NDIC). Today’s event is of great importance to the NDIC and its stakeholders considering the critical role of a Board ... Read More


Protocol Honourable Justice Zainab Adamu Bulkachuwa, President, Court of Appeal; Honourable Justices of the Court of Appeal; Members of the Inner and Outer Bar Distinguished Guests; Ladies and Gentlemen!   It is with sincere delight that I address this august gathering of distinguished Jurists and invited guests.   It is on record that the Nigeria ... Read More


The Council of the Islamic Financial Services Board (IFSB) which has its headquarters in Kuala Lumpur, Malaysia, has admitted the Nigeria Deposit Insurance Corporation (NDIC) as a full member of the board. The NDIC joins the Central Bank of Nigeria (CBN) as the other Nigerian institution on the Board of ... Read More


PRESS RELEASE   The Senate Committee on Banking, Insurance and Other Financial Institutions has expressed a strong Commitment for the accelerated amendment of the Nigeria Deposit Insurance Corporation (NDIC) Act, 2006, to eliminate the gaps that have hindered the full ... Read More