Tag: NDIC

NDIC Commences First Payout to Heritage Bank Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of the…

Genesis Obong

Heritage Bank Uninsured Depositors: Liquidation Dividends Set for April 2025 Payout

The Nigeria Deposit Insurance Corporation (NDIC) has announced that uninsured depositors of…

Genesis Obong

Federal High Court Launches Specialized Insolvency Unit for Enhanced Efficiency

The Federal High Court, under the leadership of Chief Judge John Tsoho,…

Genesis Obong

NDIC to Commence Sale of Heritage Bank Assets on December 4

The Nigeria Deposit Insurance Corporation (NDIC) has announced that the sale of…

Muhammad A. Aliyu

Heritage Bank’s Head Office, Branches Up for Bids as NDIC Begins Liquidation Process

The Nigeria Deposit Insurance Corporation (NDIC) has announced the sale of the…

Muhammad A. Aliyu

NDIC Assures Heritage Bank Depositors of Insured Payments Following Licence Revocation

The Nigerian Deposit Insurance Corporation (NDIC) has announced that it will pay…

Muhammad A. Aliyu

NDIC: CBN revokes licenses of 42 microfinance banks

The Nigeria Deposit Insurance Corporation (NDIC) has announced that the Central Bank…

Farouk Mohammed

Senate confirms Buhari’s nominees for NDIC, Law Reform Commission

The Senate on Tuesday confirmed the nominations of Mrs. Diana Okonta (South-South);…

Muhammad A. Aliyu