NDIC Disburses N54.62bn to Defunct Heritage Bank Depositors The Nigeria Deposit Insurance Corporation (NDIC) says it has disbursed a total of N54.62 billion to 691,418 depositors of the defunct Heritage Bank, marking a significant milestone in its resolution process less than a year after the...

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the new management of the Nigeria Deposit Insurance Corporation (NDIC) to bring their diverse experience to bear on the running of the corporation.

This is revealed by fresh data released by the Nigeria Inter-Bank Settlement System (NIBSS), highlighting the expansion of financial inclusion efforts across the country.

Lawsuits from Ex-Bank Workers Hindering Liquidation Process - NDIC   The Nigerian Deposit Insurance Corporation (NDIC) has said that litigations by former bank employees affect its mandate of liquidating failed banks. This was disclosed by the acting Managing Director/Chief Executive of NDIC, Emily Osuji, on Thursday at...

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the disbursement of N46.6 billion as the first tranche of liquidation.

NDIC Engages External Solicitors to Boost Debt Recovery Efforts   The Nigeria Deposit Insurance Corporation (NDIC) has tasked its external solicitors to intensify their efforts in supporting the corporation's debt recovery and asset realization initiatives. This was disclosed by the Managing Director/Chief Executive, NDIC, Bello Hassan, on Thursday...