NDIC: Farewell To Iconic MD By Salisu Na'inna Dambatta       The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, an alumni of the Nigeria Institute for Policy and Strategic Studies, has retired from the Corporation on December 7th, 2020, after serving for 31...

Buhari Reappoints AMCON’s Boss, Appoints New MD, ED For NDIC         President Muhammadu Buhari, has appointed Mr Bello Hassan as the new managing director of Nigeria Deposit Insurance Corporation. He also appointed Mr Mustapha Ibrahim as executive director of the corporation. The President reappointed Mr Ahmed Kuru as...

NDIC Drives Regulation With Fintech       The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, Umaru Ibrahim, has said the NDIC is tapping into the potentials of fintech to effectively execute its business processes easily, speedily and reliably. He said this during the NDIC media forum themed,...

NDIC To Insure Non-bank Deposits Taking Institutions         The Nigeria Deposit Insurance Corporation has said that it is trying to identify and provide insurance cover for non-bank deposit taking institutions. The Managing Director/Chief Executive Officer, NDIC, Umaru Ibrahim, said this during a workshop for journalists in Kaduna...

In 6 Months, We Received 35 Bank Customers’ Petitions, Complaints — NDIC The Nigerian Deposit Insurance Corporation (NDIC) received a total of 35 petitions and complaints from bank customers on ATM frauds, unauthorized funds transfers, cheque related issues and others. Delivering a goodwill message at the...

NDIC Extends Maximum Insurance Coverage To MMO Subscribers   The Nigeria Deposit Insurance Corporation has extended its insurance coverage to subscribers of Mobile Money Operators to the maximum limit of N500,000. The Managing Director/ Chief Executive Officer, NDIC, Umaru Ibrahim, disclosed this during the NDIC’s special day...