Tag: NDIC
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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...
Concern as NDIC, FIRS set to spend N8.7 billion on software rollout
Stakeholders have differing opinions on the Nigeria Deposit Insurance Corporation's (NDIC) and the Federal Inland Revenue Service's (FIRS) proposal to spend a combined N8.7...
NDIC Allocates N45.45 Billion in Liquidation Dividends to Depositors of Defunct Banks
As of July 2023, the Nigeria Deposit Insurance Corporation (NDIC) has paid out N45.45 billion in liquidation dividends overall, which was more than the...
