Nigeria Deposit Insurance Corporation (NDIC) pays between ₦2 million and ₦5 million as deposit insurance to customers of liquidated banks, Managing Director Thompson Oludare...
Nigeria Deposit Insurance Corporation (NDIC) has said that it has commenced the payment of N46.6 billion from liquidation dividends to depositors of the defunct...
Depositors of Heritage Bank (in-liquidation) with balances exceeding the insured sum of ₦5 million will be paid from the sale of physical assets and...
Nigeria Deposit Insurance Corporation (NDIC) has strengthened its partnership with the judiciary aimed at enhancing the prosecution of failed banks, according to Bello Hassan,...
Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc...
Nigeria Deposit Insurance Corporation (NDIC) has said it will, in conjunction with law enforcement agencies, commence investigation of directors, managers and staff of the...
Multichoice Group, owners of DStv and GOtv, had an account balance of N31.6 billion with Heritage Bank, before the bank’s liquidation, according to the...