Your Privacy Rights
What Personal Information Do We Process?
Personal information is information that can be used to identify a specific individual. We may collect any or all of the following personal information from you whenever you submit to us your deposit insurance claims or application for employment or requests to provide services or supply goods or products or complaint or inquiries or to enable us perform any of our statutory obligations under the Nigeria Deposit Insurance Corporation Act of 2006:
- Full name
- Marital status
- DOB (Date of Birth)
- Bank Verification Number (BVN)
- International Passport Number
- Tax Identification Number (TIN)
- Home address
- Contact address
- Email address
- Details of Previous or Current Employment
- Financial Statements or Position
- Details of Property or assets owned or pledged
- Health Information
- Details on Criminal Investigations or Prosecution
- Regulatory Information
- Credit Score or Information
- Biometric Data
- Social Media Conversations
- Any other personal information collected, as may be applicable
What we do with your personal information?
Personal information collected or processed by the NDIC is used to provide efficient and secure service to our stakeholders. In the process of handling your personal information, we may use your information to:
- Verify and identify depositors
- Settle deposit insurance claims
- Process transactions involving banks
- Process employment applications
- Recover debts owed to insured institutions
- Investigate and prosecute banking malpractices in court
- Other purpose(s), as authorised under the NDIC Act of 2006
Our website uses only encrypted session cookies which are erased either after a predefined timeout period or once the user logs out of the platform and closes the browser. Session cookies do not collect information from the user’s computer. They will typically store information in the form of a session identification that does not personally identify the user.
You can modify your browser settings to decline cookies because most web browsers automatically accept cookies. This, however, may prevent you from taking full advantage of the NDIC website.
How we protect your personal information?
We store and process your personal information on our computers in Nigeria. Where we need to transfer your data to another country, we will endeavour to ensure that we only do so to a country that has to the best of our knowledge adequate data protection Law. We will protect your information using physical, technical, and administrative security measures to reduce the risks of loss, misuse, unauthorized access, disclosure and alteration. Some of the safeguards we use are firewalls and data encryption, physical access controls to our data centres and information access authorization controls.
How We Disclose Your Personal information?
Personal data will be shared with or disclosed to other government Ministries, Departments, Agencies or other organs of government when required by law or regulation or by lawful order issued by a court of competent jurisdiction or for the purpose of performing a public function or providing public service.
The sharing of personal information with other government agencies is subject to the adoption of adequate safeguards for data privacy and security.
We may also share your personal information with other international organisations in compliance with National or International Laws; Crime Prevention and Risk Management Agencies and service providers.
Securing Your Data
Only authorized NDIC personnel have access to personal information. To prevent unauthorized access to your personal information, we have implemented strong controls and security safeguards at the technical and operational levels. This site uses Secure Sockets Layer/Transport Layer Security (SSL/TLS) to ensure secure transmission of your personal data.
SSL applies encryption between two points such as your PC and the connecting server. Any data transmitted during the session will be encrypted before transmission and decrypted at the receiving end. This is to ensure that data cannot be read during transmission.
Furthermore, NDIC has taken measures to comply with best practice Information Security Management Systems (ISMS) such as ISO 27001 by putting in place digital and physical security measures to mitigate or eliminate the likelihood of a data privacy breach or incident.
Data Confidentiality Rights
Your information is regarded as confidential and will not be divulged to any third party except pursuant to legal and/or regulatory requirements. You have the right to request sight of, and copies of any information we keep on you, provided such request is made in compliance with the Freedom of Information Act and other relevant enactments.
Links to Other Websites
Anyone who chooses to click on links to websites not under the control of NDIC (including, but not limited to our social media accounts) should read the terms of service/use and privacy policies of these third-party service providers and those of any applications visitors use to access them. NDIC uses Facebook, Twitter, LinkedIn and YouTube.
Personal information that you provide to NDIC via social media account(s) is collected to capture conversations (e.g. questions and answers, comments, “likes,” retweets) between you and NDIC.
Please note that NDIC is not responsible and has no control over websites outside its domain. We do not monitor or review the content of other party’s websites which are linked from our website or media platforms. Opinions expressed or materials appearing on third party websites are not necessarily shared or endorsed by us, and NDIC should not be regarded as the publisher of such opinions or materials. NDIC will not accept any responsibility for any loss or damage in whatever manner, howsoever caused, resulting from your disclosure to third parties of personal information.
11.0 Governing Law
Questions, Requests & Complaints
For any questions, requests, or complaints regarding your personal information or suggestions to our privacy notice, you may contact our Data Protection Officer through the following:
|Address:||Data Protection Officer,
Nigeria Deposit Insurance Corporation,
447/448 Constitution Avenue,
Central Business District,
Federal Capital Territory,
Last updated: August 24, 2020.