Nigeria Deposit Insurance Corporation (NEWSTAGE/31/5/17)

FG to ensure businesses return to N’East for residents access to funds

The Nigeria Deposit Insurance Corporation (NDIC) has called on commercial banks and other businesses that left the North East in the wake of Boko Haram insurgency to ensure businessmen and women in the region have easier access to funds. This is even as only 25 per cent of adults out of the estimated population of […]

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Nigeria Deposit Insurance Corporation (NEWSTAGE/31/5/17)

NDIC spearheads Africa in deposit insurance

The Nigeria Deposit Insurance Corporation (NDIC) is set to lead the African Sub-Region in enhancing capacity building and bridging skills gaps in the banking industry in general and the Deposit Insurance Scheme (DIS) in particular. The NDIC’s Managing Director/Chief Executive, Alh. Umaru Ibrahim made this remark during the accreditation ceremony of the NDIC Academy as […]

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NDIC denies rumour of ‘financial distress’ among Nigeria banks

The Nigerian business community has been advised to discountenance rumours making the round that some banks in the country are distressed. The Managing Director and Chief executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, who gave the advice recently called on members of the public to ignore rumours being circulated on the failing health […]

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