NDIC, NIESV Deepen ties on failed bank asset valuation

Barbara Bako, Abuja. The Nigeria Deposit Insurance Corporation (NDIC) has called for deeper collaboration with the Nigerian Institution of Estate Surveyors and Valuers (NIESV) to ensure accurate valuation of assets…

NDIC, CBN reaffirms partnership on financial system stability

Barbara Bako, Abuja. The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson O. Sunday, has reaffirmed the Corporation’s commitment to working closely with the Central…

NDIC seeks stakeholder input on deposit insurance guidelines

Barbara Bako, Abuja. The Nigeria Deposit Insurance Corporation (NDIC) has called for feedbacks from financial services industry stakeholders in the country, policy makers and the general public towards the ongoing…

Heritage Bank (In-Liquidation): NDIC starts first tranche payment of ₦46.6bn

Barbara Bako, Abuja. In its continued commitment to ensuring that depositors of the defunct Heritage Bank are fully reimbursed, the Nigeria Deposit Insurance Corporation (NDIC) has declared first tranche of…

NDIC begins N46.6bn payment to Heritage Bank depositors

The Nigeria Deposit Insurance Corporation, NDIC, has started payment of N46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank. This is contained in statement on Sunday by…