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NDIC Backs CBN Planned Recapitalisation For Nigeria’s Banking Sector

The Nigerian Deposit Insurance Corporation has said that planned recapitalisation of the banking industry by the Central Bank of Nigeria (CBN) was a step...

NDIC vows to stop bank failure, partners relevant agencies to prosecute offenders

As a result, the corporation established a special desk at the Economic and Financial Crimes Commission (EFCC) to strengthen the investigation and prosecution of...

NDIC speeds up debt recovery, invigorates failed banks’ liquidation activities

Mr. Bello Hassan, the Managing Director of the Corporation, said this at the 20th Edition of the NDIC-Financial Correspondent Association of Nigeria (FICAN) workshop...

NDIC DG urges ICAN to integrate deposit insurance system courses

Mr. Hassan made the call during a courtesy visit by the Governing Council Members of ICAN, led by the President of the Institute, Mr....

International Association of Deposit Insurers Appoints NDIC MD Bello Hassan As Vice President

The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan has been appointed the Vice Chairperson of the International Association of...

Stakeholders rally support for NDIC act amendment

At a public hearing organized yesterday by the Senate Committee on Banking, Insurance and Other Financial Institutions, the stakeholders were unanimous in their submission...

NDIC Pays Full Dividend To Depositors Of 20 Liquidated Banks

Out of the 49 Deposit Money Banks in-liquidation, the Nigerian Deposit Insurance Corporationhas paid 100 per cent liquidation dividend to Depositors of 20 of...

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