9 results
- 27 Jul 2025
Edun, Finance Minister Inaugurates NDIC New Management
Mr Wale Edun, minister of Finance and coordinating minister of the Economy, has inaugurated Mr Thompson Oludare Sunday, new managing director/chief executive officer of the Nigeria Deposit Insurance…
- 31 Dec 2025
NDIC Reinforces Full Oversight Compliance to Safeguard Depositors
Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial…
- 3 Oct 2025
NDIC Covers 99 Percent of Commercial Banks’ Deposits – MD
Nigeria Deposit Insurance Corporation (NDIC) currently provides full insurance cover for 98.98 percent of Deposit Money Banks’ total deposits, according to Mr. Thompson Sunday, managing director of…
- 22 Jul 2026
NDIC Begins Payment to Depositors of 46 Failed Microfinance Banks
Nigeria Deposit Insurance Corporation (NDIC) has begun paying insured deposits to customers of the 46 recently failed microfinance banks. Mr Thompson Sunday, managing director and chief executive,…
- 9 Nov 2025
NDIC Now Better Positioned to Prosecute Parties at Fault for Bank Failure
Nigeria Deposit Insurance Corporation (NDIC), has said its laws are now stronger and more effective to carry out its bank liquidation mandate. This is contained in a statement issued by Hawwau Gambo,…
- 22 Jul 2026
FG Says Rumours, Fear, Can Crash Banks
Mr Taiwo Oyedele, minister of Finance and Coordinating Minister of the Economy, has warned that fear, rumours and misinformation could trigger instability in the banking sector if not properly…
- 29 Jun 2026
NDIC Says 281m Depositors Protected against Bank Failure
Nigeria Deposit Insurance Corporation (NDIC) has said more than 281 million depositors across the country’s banking system are protected against bank failure, following reforms that significantly…
- 26 Jul 2018
Insurance Firms Get N15b Recapitalization Mandate
Insurance companies willing to play at the highest level in the country yesterday got an order from the regulator to recapitalise to the tune of N15 billion. The National Insurance Commission…
- 13 Jan 2025
UBA Rewards Customers with over N41m in Final Edition of Legacy Promo
United Bank for Africa (UBA) Plc, Africa’s global Bank, has distributed over N41.8m in prizes to over 100 lucky customers in its just concluded UBA Legacy Promo series. The promo which began last…