Tag: NDIC
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Our Directive To Bankers On Asset Declaration Misconstrued – EFCC Boss
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The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has said that the directive of the anti-graft agency to bankers to declare their assets was misconstrued by…
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Zenith Bank Now Best Commercial Bank In Nigeria
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Zenith Bank Plc has emerged as the Best Commercial Bank in Nigeria in this year’s World Finance Banking Awards. The award, which was announced in the July 2021 edition of…
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COVID-19: NDIC shuts down head office complex for decontamination
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BY ONYEKA AJUMOBI ONOCHIE As part of the measures put in place to safeguard the life of staff, other occupants and visitors, the Nigeria Deposit Insurance Corporation (NDIC) has begun…
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NDIC To Partner Alumni Association Of National Institute On Financial Inclusion
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BY ONYEKA AJUMOBI ONOCHIE The Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has called for closer partnership and collaboration with the Alumni Association of the National…
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NEXIM Bank, NDIC determined to support exporters
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By Haruna Salami The Managing Director of Nigeria Export Import Bank (NEXIM), Abba Bello has observed that the major problem of exporters is the paucity of funds, adding that banks…
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We’ve protected over N1.759 trillion depositors’ funds – NDIC
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*NDIC Director, Communication & Public Affairs, Dr. Sunday Oluyemi addresses the Press during NDIC’s 30th Anniversary Press Briefing on Friday, October 18, 2019. He is flanked from L-R by…
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Photo Splash: NDIC At 30
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NDIC Director, Communication & Public Affairs, Dr. Sunday Oluyemi addresses the Press during NDIC’s 30th Anniversary Press Briefing on Friday, October 18, 2019. He is flanked from L-R by…
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NDIC signs MOU with Korea Deposit Insurance Corporation to deepen deposit insurance system
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BY ONYEKA AJUMOBI ONOCHIE The Nigeria Deposit Insurance Corporation (NDIC) has signed a Memorandum of Understanding (MOU) with the Korea Deposit Insurance Corporation (KDIC) on a wide range of issues…
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NDIC URGES CAUTION ON ADOPTION OF CRYPTO-CURRENCIES
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BY ONYEKA AJUMOBI ONOCHIE The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has advised Nigerians to exercise maximum caution in…
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Budget defence: NDIC generated N91bn premium from deposits in 2018
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The Nigerian Deposit Insurance Corporation (NDIC) on Tuesday, disclosed that the organisation generated about N91 billion premium from deposit money banks in the 2018 fiscal year. The Managing Director of…
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NDIC, stakeholders bicker over MFB liquidation
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BY ONYEKA AJUMOBI ONOCHIE The Nigeria Deposit Insurance Corporation (NDIC) and two stakeholders of the finance industry are presently locked in bitter feud over the former’s recent liquidation of the…
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NDIC board promises sound policies towards financial system stability
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BY ONYEKA AJUMOBI ONOCHIE Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation (NDIC) have stated their commitment to the formulation of sound policies to enhance the…