5 results
- 2 Oct 2023
NDIC Begins Payment of N16.18Bn to Liquidated Banks’ Depositors
Nigeria Deposit Insurance Corporation (NDIC) has declared N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. This followed impressive…
- 4 Sept 2022
NDIC Makes Final Dividend Declaration to Depositors, Creditors of Failed Banks
Nigeria Deposit Insurance Corporation (NDIC), has published a final dividend declaration notice to depositors of 20 failed banks. The NDIC also published a final dividend declaration notice to…
- 12 Dec 2023
Why Some Nigerian Banks Failed - Ibrahim
Umaru Ibrahim, immediate past managing director and chief executive officer, Nigerian Deposit Insurance Association (NDIC), has said that some Nigerian banks failed because of non-compliance with…
- 7 Dec 2023
NDIC to Pay N16.18Bn Liquidation Dividends to Depositors of 20 Failed Banks
Nigeria Deposit Insurance Corporation (NIDC), has asked depositors of 20 failed banks to come forward and claim their liquidation dividends amounting to N16.8 billion. Bello Hassan, managing director…
- 23 Jul 2019
NDIC Pays N593.8m to Shareholders of Banks In-liquidation
Nigeria Deposit Insurance Corporation (NDIC) on Tuesday revealed that it paid the sum of N593.78 million to shareholders of some banks in-liquidation in 2018. NDIC said this amount was paid to…