Failed MFBs: NDIC deploys platform to fast track depositors’ reimbursement

April 7, 2022 Amaka Ifeakandu 0

The Nigeria Deposit Insurance Corporation (NDIC) said it has developed aSingle Customer View (SCV) platform to be deployed to micro finance banks (MFBs) to eliminate delays often experienced in reimbursing depositors following revocation of failed MFBs licences by the Central Bank of Nigeria (CBN). Managing Director/Chief Executive of the Corporation, Mr. Bello Hassan disclosed this while receiving executive members of Read More

IWD: We need more women into leadership positions – NDIC Chair

March 21, 2022 Benjamin Umuteme Abuja 0

The Board Chairman of the Nigeria Deposit Insurance Corporation (NDIC), Mrs Ronke Sokefun, has stressed the need for women in leadership positions to encourage more women to join the table to ensure the number of women in management positions keep growing and consequently ensure its sustainability. A statement by Director, Communication & Public Affairs Department of the Corporation, Bashir A. Read More

NDIC pays 443,946 depositors N8.3bn, N100.1bn to uninsured depositors

January 23, 2022 Blessing Anaro 0

The Nigeria Deposit Insurance Corporation (NDIC), has confirmed the payment of a cumulative sum of N8.268 billion to 443,946 depositors as at the end of the third quarter of 2021. The NDIC also extended payment of N100.080 billion to uninsured depositors of deposit money banks in-liquidation as at September 30, 2021. The Corporation, further advised members of the public to Read More

NDIC pays N108.3bn liquidation dividends to depositors

November 30, 2021 Blueprint 0

The Nigeria Deposit Insurance Company (NDIC) has paid guaranteed sums and liquidation dividends to the tune of N108.348billion to insured and uninsured depositors as at September 30, 2021. The corporation also paid N3.413billion to 90,945 insiured depositors of microfinance banks under the same period. Managing Director/CEO NDIC Bello Hassan stated this at the editors’ forum organised by the corporation recently Read More

You can’t win Anambra with propaganda, group tells Soludo

November 1, 2021 Editorial II 0

A political pressure group Coalition for True Democracy (CTD) has told the candidate of the All Progressives Grand Alliance (APGA), Professor Chukwuma Soludo to reach out to the people with issues of governance instead of spreading empty propaganda against his opponents. The group coordinator, Mr. Samuel Okolo stated this while reacting to a statement credited to Soludo, where he accused Read More

World Stroke Day: 13m in danger of stroke worldwide – NMA

October 29, 2021 Blueprint 0

The Nigeria Medical Association (NMA) has disclosed that no fewer than 13 million people globally are at risk of stroke. The chairman of Kwara state branch of the association, Prof. Baba Issa, made the disclosure in a statement on Friday in Ilorin.A statement indicated that the alert was in commemoration of World Stroke Day.It read in part, “13.7 million people Read More

Insecurity: Bandits in North-west, North-central are terrorists – PGF boss

October 28, 2021 Bode Olagoke 0

A chieftain of the ruling All Progressives Congress (APC) and the Director General of the Progressive Governors Forum (PGF) Salihu Moh Lukman, has declared that bandits operating in the North-west and North-central parts of the country all have the characteristics of terrorist groups. The APC chieftain however condemned opposition by some persons such as Sheikh Ahmed Gumi to declare the Read More

NDIC commences review of risk- based supervision to determine bank premium

The Nigeria Deposit Insurance Corporation (NDIC) Wednesday disclosed its plans to commence the review of risk-based approach to determine premium by banks to make them more. The Managing Director and Chief Executive Officer of the Corporation, Mr Bello Hassan, gave the hint in his keynote address at the 19th edition of a workshop organized for Business Editors and Finance Correspondents Read More