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    Kapital FM 92.9 The Station that Rocks!

NDIC

9 Results / Page 1 of 1
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Featured

NDIC Commences Payment To Depositors Of Liquidited Heritage Bank

  The Nigerian Deposit Insurance Corporation, NDIC, says it will commence payments to depositors of Heritage Bank whose license was revoked. The Managing Director of NDIC, Mr. Bello Hassan, stated this during a news briefing in Abuja. Mr Bello while outlining the processes of repayment, explained that the corporation would not take 30 days as stipulated by law, but would settle customers within one week. He noted that preliminary findings […]

todayJune 5, 2024 22

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National

NDIC, EFCC Strengthen Partnership To Curb Financial Crimes

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. Managing Director and Chief Executive of NDIC, Mr. Bello Hassan stated this during a courtesy visit by the NDIC Management to the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede at the EFCC Headquarters in Abuja. Mr. Hassan explained […]

todayMarch 24, 2024 17

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National

Youth Devt Minister Lauds NDIC For Depositor Protection

The Minister of State for Youth Development, Mr. Ayodele Olawande, has commended the Nigeria Deposit Insurance Corporation, NDIC, for its significant achievements in safeguarding depositors from the adverse impacts of bank failures. He praised NDIC for consistently supporting the Central Bank of Nigeria in overseeing the banking sector and contributing to the stability of the nation’s financial system. The Minister gave the commendation during a courtesy visit to the Management […]

todayMarch 4, 2024 13

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Business

Integrate DIS Courses In Curriculum – NDIC To ICAN

Edited By Umbwanko Baba The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation, NDIC, Mr Bello Hassan, has called upon the Institute of Chartered Accountants of Nigeria, ICAN, to incorporate courses on the Deposit Insurance System, DIS, into its educational programs and modules. Mr Hassan made the call during a courtesy visit by the Governing Council Members of ICAN, led by the President of the Institute, Mr. […]

todayOctober 12, 2023 42 1 2

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Business

NDIC Pays N1.084b To Over 29,000 Depositors Of Defunct Banks

By Umbwanko Baba The Nigerian Deposit Insurance Corporation, NDIC, says it paid N1.084 billion naira to 29,573 depositors of defunct Micro Finance Banks, MFB as insurance. The Managing Director of NDIC, Mr. Bello Hassan who stated this while delivering his speech at the NDIC special Day held at the 18th Abuja International Trade Fair, explained that this followed the revocation of licenses for 179 Microfinance Banks and 4 Primary Mortgage […]

todayOctober 5, 2023 37

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Economy

NDIC Commences Payment Of Liquidation Dividends In 20 Banks

  Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation, NDIC, says it has commenced declaration of N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. A statement by the Director, Communication & Public Affairs, Bashir Nuhu explains that the NDIC has commenced verification and payment to stakeholders covered by the declarations within 30 days, starting from […]

todayOctober 2, 2023 33

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Business

NDIC Gets ISO Certification For Excellent Service Delivery 

Edited By Umbwanko Baba The MSECB, a leading international provider of Audit and Certification Services has granted the Nigeria Deposit Insurance Corporation, NDIC, three ISO certifications. This is contained in a statement by the Director, of Communication & Public Affairs, NDIC, Bashir Nuhu. The statement explains that the certifications were on the Information Security Management System that rates the NDIC on how it manages and protects information assets so that […]

todaySeptember 26, 2023 37

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Business

NDIC Sets To Pay Staff Of Defunct Peak Merchant Bank

The Nigeria Deposit Insurance Corporation, NDIC, in line with its mandate and as the official liquidator of failed banks in the country, says depositors and ex staff of defunct Peak Merchant Bank will be paid their liquidation dividends as it has concluded preparations. This is contained in a statement by the Director of Communications and Public Affairs of the NDIC, Mallam Bashir Nuhu. The statement explains that there will be […]

todaySeptember 18, 2023 31

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General

IADI–ARC Appoints NDIC BOSS Vice Chairman

The International Association of Deposit Insurers, African Regional Committee (IADI-ARC) has appointed the Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan as its’ Chairman. The appointment was made at the IADI-ARC Annual General Meeting (AGM) held in Dakar, Senegal. In a statement, the IADI-ARC leadership notes that the appointment of Mr. Bello into the Association’s EXCO by its General Assembly and their collective […]

todaySeptember 4, 2023 40 2

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