The Nigeria Deposit Insurance Corporation (NDIC) said it has reimbursed 82.36 per cent of the customers of the defunct Heritage Bank with deposits below the N5 million maximum insured deposit. Disclosing this in a statement yesterday, Director, Communications and Public…
NDIC pays N45.45b liquidation dividends to depositors of closed banks
The Nigeria Deposit Insurance Corporation (NDIC) has made cumulative payments of liquidation dividends of N45.45 billion as of July 2023, which represented amounts exceeding the guaranteed sums to depositors of the 20 liquidated banks. Director, Communication and Public Affairs of…
Fraudsters becoming more creative — NDIC warns bank customers
The Nigeria Deposit Insurance Corporation (NDIC) has warned bank customers and the public against displaying their bank details saying fraudsters were becoming more creative. The NDIC in its official website on Friday gave out four tips for bank customers to…