Tag: deposit insurance

NDIC moves to seize assets, freeze accounts as debt recovery drive intensifies

Business Damilola Bayonle -
NDIC steps up debt recovery from failed banks The Nigeria Deposit Insurance Corporation has launched a renewed offensive against chronic...

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...