NAMBUIT

The Nigeria Deposit Insurance Corporation (NDIC) has declared 100 percent liquidation dividends in 20 failed banks and invited depositors of those banks to come forward with their claims. The Director of Corporate Communications and…

The Nigeria Deposit Insurance Corporation (NDIC) said it would seek the inputs of microfinance banks (MFBs) to a new platform designed for prompt payment of depositors of failed banks. The Corporation has developed a Single Customer View…

To redeem the loss of depositors of licensed banks in the event of closure, the Nigeria Deposit Insurance Corporation (NDIC) has set aside N258.8 billion in 2019 to take care of such situation. Of this amount, N109.686 billion is for…