NDIC laments debtors’ refusal to repay failed bank loans
The Nigeria Deposit Insurance Corporation (NDIC) has expressed concern over the refusal of some borrowers to repay outstanding loans obtained ...
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Tag: #DepositInsurance
NDIC: NDIC Opens Final Dividend Claims for Defunct Progress Bank Stakeholders
The NDIC has invited eligible Progress Bank stakeholders to submit claims ahead of final liquidation dividend payments following recoveries from ...
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NDIC: NDIC Sets One-Month Deadline for Progress Bank Stakeholders to Claim Final Dividends
The NDIC plans to distribute final liquidation dividends to eligible Progress Bank stakeholders following recoveries, with claims due within one ...
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NDIC invites Progress Bank stakeholders to claim final liquidation dividends
The NDIC plans to distribute final liquidation dividends to eligible stakeholders of Progress Bank of Nigeria following recoveries made during ...
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NDIC Sets One-Month Deadline for Progress Bank Liquidation Claims
The corporation plans to pay final liquidation dividends to eligible depositors, creditors and shareholders following recoveries from the defunct bank.
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NDIC Intensifies Heritage Bank Asset Recovery as Depositor Reimbursement Continues
Corporation reports more than ₦54.23 billion in insured-deposit payments and ₦71.27 billion in declared liquidation dividends.
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NDIC Advances Failed-Bank Asset Recovery as Liquidation Process Continues
Corporation’s latest public-auction and competitive-bidding notice highlights the continuing effort to realise assets belonging to defunct financial institutions.
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NDIC Premiums Surge as Nigerian Banks Ramp Up Depositor Protection Costs
Nigeria’s major banks have significantly increased their payments to the Nigeria Deposit Insurance Corporation (NDIC), spending a combined N235.9 billion ...
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