Nigeria’s vice president, Yemi Osinbajo, on Tuesday asked the management of the Nigerian Deposit Insurance Corporation (NDIC) to come up with a sustainable framework to empower....
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The Nigerian Deposit Insurance Corporation (NDIC) generated about N91 billion premium from deposit money banks (DMBs) in the 2018 fiscal year....
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The Nigeria Deposit Insurance Corporation (NDIC) has been granted full membership to the board of the Islamic Financial Services Board (IFSB), headquartered in Kuala Lumpur, Malaysia, by its council.....
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The Nigeria Deosit Insurance Corporation, NDIC,said yesterday it saved about N949.6 billion depositors’ funds in failed Skye Bank.
Managing Director of the Corporation, Alhaji Umaru Ibrahim, disclosed …
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The Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) are monitoring the investigations the law enforcement agencies instituted against the directors and management of the defunct Skye Bank Plc determine their culpability in the failure of the financial...
The Minister of Finance, Mrs Zainab Ahmed, has urged the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to investigate and prosecute directors that led to the collapse of the defunct Skye bank.....
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The Supervising Minister of Finance, Zainab Ahmed, on Friday expressed serious concerns over the rising incidence of non-performing loans (NPLs) in deposit money banks (DMBs) in the country.....
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The recent revocation of the license of Skye Bank by the Central Bank of Nigeria (CBN) has continued to generate divergent reactions from Nigerians. The Apex bank yesterday announced the establishment of a...
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James Emejo in Abuja The Managing Director and Chief Executive of the Nigeria Deposit Insurance …
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Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, Umaru Ibrahim …
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The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, Wednesday decried instances of abuse of extant regulations and ethical standards by deposit money banks (DMBs), adding that this...
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The pervasive electronic banking fraud in the Nigeria banking sector is leaving in its wake losses and crisis of confidence in the financial industry...
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The Central Bank of Nigeria, CBN, has sacked a number of bank directors following cases of insider abuse relating to non-performing loans, the Director, Banking Supervision, NDIC, Mr. Adedapo Adeleke has said.
Mr. Adeleke, disclosed this in a presentation on the topic: ‘Curtailing the growth of...
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