Saturday, March 25, 2023
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Tag: ndic

Fraudsters becoming more creative — NDIC warns bank customers

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The Nigeria Deposit Insurance Corporation (NDIC) has warned bank customers and the public against displaying their bank details saying fraudsters were becoming more creative. The...

2023: NDIC boss predicts upsurge of MFBs onboard NAMBUIT platform

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Mr Bello Hassan, Managing Director, Nigeria Deposit Insurance Corporation (NDIC), has predicted an increase in the number of microfinance banks listed on the National...

Stakeholders in financial sector endorse amendment of NDIC bill

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Stakeholders in the financial sector on Wednesday endorsed the Nigeria Deposit Insurance Corporation (NDIC) amendment bill, 2022. The stakeholders including Central Bank of Nigeria (CBN),...

NDIC declares100% dividend to pay depositors of 20 liquidated banks

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Mr Bello Hassan, Managing Director, Nigeria Deposit Insurance Corporation (NDIC), said the corporation in September, declared 100 per cent liquidation dividend in 20 institutions. The...
Money laundering: Court admits ex-Skye Bank Chairman, MD to N50m bail each

NDIC saved N949bn depositors’ funds in failed Skye Bank

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The Nigeria Deposit Insurance Corporation (NDIC) said it saved about N949.6 billion depositors’ funds in failed Skye Bank. Managing Director of the Corporation, Alhaji Umaru...
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NDIC: More bankers committing fraud

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Nigeria Deposit Insurance Corporation (NDIC) says the number of fraud cases attributed to internal abuse by staff of banks increased from 231 in 2016...