The corporation also stated that the bank has a loan of ₦700 billion. The Managing Director of NDIC, Bello Hassan, stated this on Wednesday in Abuja...
The Nigeria Deposit Insurance Commission (NDIC) says it will begin payment to 2.3 million depositors of the Heritage Bank this week. The Managing Director of NDIC,...
The Nigerian Deposit Insurance Corporation (NDIC) has assured depositors of Heritage Bank it has commenced process of payment to all depositors of the now-liquidated bank. The...
The Nigerian Deposit Insurance Corporation (NDIC) said it would immediately go after debtors of defunct Heritage Bank Plc to recover more funds to pay the insured...
The Nigeria Deposit Insurance Corporation (NDIC) has announced that depositors of the now-liquidated Heritage Bank will start receiving their insured deposits starting this week. The revelation...
The Nigerian Deposit Insurance Corporation has assure depositors of Heritage Bank that theres no need for panic as it is already in the process of repaying...
The Central Bank of Nigeria (CBN) has firmly denied allegations suggesting that it plans to revoke the licenses of three more banks following its recent regulatory...
The 2023 Labour Party presidential candidate, Peter Obi, has called for immediate payment of Heritage Bank depositors. This call is in response to the recent revocation...
Peter Obi, the Labour Party’s presidential candidate from the last election, has urged the federal government and the Nigeria Deposit Insurance Corporation (NDIC) to immediately fully...
In a surprise move, the Central Bank of Nigeria (CBN) announced it has revoked Heritage Bank’s operating license, effectively closing the institution and placing depositors at...
The Nigeria Deposit Insurance Corporation (NDIC) has said that it has started the liquidation process of Heritage Bank Plc following the revocation of its banking license...
Following the revocation of the banking licence of Heritage Bank Plc by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC) has commenced...
Following the revocation of the banking licence of Heritage Bank Plc by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC) has commenced...
The Nigeria Deposit Insurance Corporation (NDIC), has assured customers of banks in the country of the safety of their deposits and investments. The NDIC assured the...
The Nigeria Deposit Insurance Corporation (NDIC) has announced that depositors of Heritage Bank that have alternate accounts within the industry will be paid up to the...
As the liquidation process begins for Heritage Bank following the revocation of its licence on Monday, customers will get up to ₦5 million ($3,313) as insured...
The Nigerian Deposit Insurance Corporation (NDIC) visited several Heritage Bank branches on Monday morning as talks of a distress resolution takeover gather steam. TechCabal identified at...
The Nigeria Deposit Insurance Corporation(NDIC) has said it will pay depositors of closed microfinance and primary mortgage banks after recovering debts from those owing the failed...
The Nigeria Deposit Insurance Corporation (NDIC) has announced a substantial increase in the maximum deposit insurance coverage levels across various banking sectors. Effective immediately, the new...
BREAKING: NDIC Raises Depositors’ Coverage For Banks From N500,000 To N5m BY NSE ANTHONY-UKO and MARK ITSIBOR The Nigerian Deposit Insurance Corporation (NDIC) has increased the...
The Nigeria Deposit Insurance Corporation has increased the maximum deposit insurance coverage levels for Deposit Money Banks from N500,000 to N5 million with immediate effect. The...
Only 20% of Nigerian bank employees implicated in fraudulent activities were dismissed in 2023, indicating a lenient stance towards internal malpractices. An analysis of reports on...
The Nigeria Deposit Insurance Corporation, NDIC, says it remains committed to ensuring that those who contribute to the failure of banks are properly investigated and prosecuted....
The Nigeria Deposit Insurance Corporation, NDIC, has restated its commitment to ensuring that those who contribute to the failure of banks are properly investigated and prosecuted....
The managing director and CEO of the Nigeria Deposit Insurance Corporation (NDIC) Mr. Bello Hassan, has said the corporation is committed to ensuring that people who...
The Nigeria Deposit Insurance Corporation (NDIC) has requested the Economic and Financial Crimes Commission (EFCC) to return funds recovered from banks’ fraudsters to its coffers. In...
The Nigeria Deposit Insurance Corporation, NDIC, says its priority remains the protection of depositors’ funds. As a result, it has reimbursed depositors of 179 rested microfinance...