To be one of the best Deposit Insurers 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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Tag: Deposit Insurance
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 ...
EXTENSION OF DEPOSIT INSURANCE SCHEME (NIDIS) TO NON-INTEREST BANK DEPOSITS
January 7, 2016
The emergence of the non-interest banking model in the global financial landscape and its acceptance worldwide as a ...