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Islamic Financial Service Board Admits NDIC 

The Council of the Islamic Financial Services Board (IFSB) which has its headquarters in Kuala Lumpur, Malaysia, has admitted the Nigeria Deposit Insurance Corporation...

Finance Minister Calls on CBN, NDIC to Investigate Directors of Defunct...

The Honourable Minister of Finance Hajiya Zainab Ahmed, has directed the Central Bank of Nigeria (CBN), and the Nigeria Deposit Insurance Corporation (NDIC), to...

Press Statement on the Resolution of Skye Bank Plc

In continuation of the Central Bank of Nigeria (CBN) intervention in the distressed Skye Bank Plc., on the 4th July 2016, which was aimed...

House Insurance Committee Commends NDIC on Performance During 2017 Budget Defence

The Managing Director/Chief Executive (MD/CEO) of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has successfully defended the Corporation’s proposed 2017 budget before the House...

NDIC Rebukes Okereke-Onyiuke over Demand for Merger with AMCON

The Nigeria Deposit Insurance Corporation (NDIC) has berated former Director-General of the Nigeria Stock Exchange, Dr. (Mrs) Nidid Okereke-Onyiuke, over her call for the...

Former NSE DG Tells FG to Merge NDIC, AMCON

By Akin Akinremi The former Director-General of the Nigerian Stock Exchange (NSE), Prof. (Mrs) Ndi Okereke-Onyiuke, has urged the Federal Government to wind down the...

NDIC Boss Re-elected into Executive Committee of International Deposit Insurers

The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Alh. Umaru Ibrahim, has been re-elected into the Executive Committee of the International...

Senate Lauds NDIC for Effective Remittance to Consolidated Revenue Fund

The Senate Committee on Banking, Insurance and Other Financial Institutions has commended the Nigeria Deposit Insurance Corporation (NDIC) for its prompt and regular remittance...

CBN Warns Nigerians against Depositing Money in MMM Nigeria Community

Nigerians have been warned by the Central Bank of Nigeria (CBN) not to deposit money in any institution that is not insured by the Nigeria...

Despite Depositors’ Fear, Nigerian Banks Safe, Sound- NDIC

The Nigerian Deposit Insurance Corporation (NDIC) released its 2015 reports on Monday in which the corporation adjudged all the deposit money banks as safe and sound, despite the fear...
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