Tag: bank failure

Failed banks’ depositor payouts: NDIC, NIBSS seal new deal

Business Damilola Bayonle -
Nigeria’s financial safety-net framework is set for a major upgrade as the Nigeria Deposit Insurance Corporation (NDIC) and the...

NDIC Begins N54.6bn Payout to Heritage Bank Depositors

Business Damilola Bayonle -
In a landmark development marking progress in Nigeria’s banking resolution efforts, the Nigeria Deposit Insurance Corporation (NDIC) has announced...