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Business

NDIC Places Properties Of Eight Liquidated Microfinance Banks For Sale

The Nigeria Deposit Insurance Corporation (NDIC) has opened the bid process for the auctioning of the properties of eight liquidated microfinance banks.NDIC made the...
Business

Integrate Deposit Insurance System Courses Into Accounting Curriculum, NDIC Tells ICAN

The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has called upon the Institute of Chartered Accountants of Nigeria...
Business

FULL LIST: NDIC Begins Selling Assets Of 183 Liquidated Microfinance Banks, PMBs To Repay Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the sale of assets belonging to 179 liquidated financial institutions to pay depositors.The NDIC said the...
Business

NDIC Hails Judiciary, Solicitors On Diligent Prosecution Of Failed Bank Cases

The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has commended theJudiciary and Nigerian Bar for collaboration with the Corporation...
Business

Why NDIC Act Must Be Amended—-Stakeholders

Public and private sector stakeholders across the financial services industry have canvassed support for the Nigeria Deposit Insurance Corporation (NDIC) Act 2006 Amendment Bill...
Business

Why Microfinance Banks Collapse In Nigeria–CEO

The Executive Vice Chairman and Chief Executive Officer of De Ambassadors Advisory and Investment Ltd, Oba Boniface Omozuapo, has revealed that most microfinance banks...
Business

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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