NDIC

1 Minute

Extra

Why we have not paid some depositors of Heritage Bank— NDIC

Akanji Philip August 12, 2024 0 Comment

The Nigeria Deposit Insurance Corporation (NDIC) has said that while it has paid 82.36 depositors with above N5 million as insured sum in the defunct Heritage Bank, it is working hard to reach the...

1 Minute

Business

NDIC Announces Date To Commence Payment To Heritage Bank’s Depositors

Akanji Philip June 5, 2024 0 Comment

Depositors of Heritage Bank (in liquidation) will be paid their insured deposits as from this week. The Managing Director (MD) of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, disclosed this at...

1 Minute

Extra

NDIC: We’ll Pay Maximum Of N5m Insured Deposits To Heritage Bank Customers

Akanji Philip June 4, 2024 0 Comment

The Nigerian Deposit Insurance Corporation (NDIC) has revealed it will pay a maximum of N5 million to each depositor in Heritage Bank, following the bank’s licence revocation. On Monday, the Central Bank of...

3 Minutes

Local News

Can NDIC alone tackle Ponzi scammers?, Salisu Na’inna Dambatta writes

VAM News September 8, 2023 0 Comment

Promoters of Ponzi Schemes scams are aggrevating poverty in the country. They do this by swindling Nigerians of huge amounts of money. A Ponzi scheme is defined as “an investment fraud that pays existing...

3 Minutes

Business Economy

NDIC lists failed banks, tells depositors to come for payment

Agency1 November 10, 2022 0 Comment

The Nigeria Deposit Insurance Corporation (NDIC) has called on customers of 20 failed banks in Nigeria to come for verification and payment of their deposits that are more than the guaranteed sums known as...