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…
Tag: NDIC
NDIC Announces Date To Commence Payment To Heritage Bank’s Depositors
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…
NDIC: We’ll Pay Maximum Of N5m Insured Deposits To Heritage Bank Customers
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…
Can NDIC alone tackle Ponzi scammers?, Salisu Na’inna Dambatta writes
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…
NDIC lists failed banks, tells depositors to come for payment
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…