Tag: NDIC
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Nigerian banks pay the NDIC N166.4 billion as a premium for deposit insurance in 2023
The Nigerian Deposit Insurance Corporation (NDIC) received a payment of N166.4 billion from nine publicly traded commercial banks in 2023 as deposit insurance premiums,...
NDIC to Recover N700 Billion from Defunct Heritage Bank; Nigeria to Face South Africa in 2026 FIFA World Cup Qualifier Tonight – Trending Today
Hello and welcome! In today's trending news stories;
1. The Minister of Budget and Economic Planning, Wale Edu, has reassured that there is "no cause...
Nigeria’s Deposit Insurance Funds Currently Over N2 Trillion – NDIC
The growth of Nigeria's Deposit Insurance Fund has exceeded N2 trillion, enabling the Nigeria Deposit Insurance Corporation (NDIC) to strengthen the safeguards it offers...
JUST IN: NDIC Increases Deposit Insurance Coverage Level for Banks Nationwide
According to reports, the Nigeria Deposit Insurance Corporation has announced a revision of the Maximum Deposit Insurance Coverage for banks operating within the country.
This...
NDIC and EFCC take action to reduce financial crimes in the banking industry
In an effort to reduce financial crimes in the banking industry, the Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission...
