National Assembly To Begin NDIC Act Amendment   The Chairman, House of Representatives Committee on Insurance and Actuarial Matters, Darlington Nwokocha, has stated that the committee’s is ready with the amendment to the Nigeria Deposit Insurance Corporation (NDIC) Bill in order to maintain a sustainable banking...

NDIC Tackles Rising Fintech-induced Risks In Financial Sector       Nigeria Deposit Insurance Corporation (NDIC) has stated that it is effectively collaborating with relevant stakeholders to manage risks arising from the growing adoption of financial technology (fintech) in the financial sector. At the 2021 retreat organised by the...

NDIC Seeks Ministry’s Support On Failed Banks’ Assets       The Nigeria Deposit Insurance Corporation (NDIC) has solicited the support of the Ministry of the Federal Capital Territory (FCT) in the realisation of landed properties of banks in-liquidation within the FCT to enable it pay depositors of...