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How we saved 6,000 workers from being sacked – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says it saved 6,000 workers from being dismissed from the defunct Skye Bank, now...

Senate confirms Buhari’s spokesman, Keyamo as board member of NDIC
The senate has confirmed Festus Keyamo, spokesman of the President Muhammadu Buhari 2019 campaign organisation, as a board member of the...

Why Skye Bank died – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has revealed why Skye Bank Plc died. NDIC said its risk assessment and forensic...

Skye Bank: Nigerian govt tells CBN, NDIC to prosecute directors
The Minister of Finance, Mrs Zainab Ahmed, has urged the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC)...

Buhari appoints Keyamo, six others as NDIC board members
President Muhammadu Buhari has appointed Senior lawyer, Festus Keyamo, SAN, and six others as members of the board of the Nigeria Deposit...

Don’t trade in bitcoins, crypt occurrences – NDIC warns Nigerians
The Nigeria Deposit Insurance Corporation, NDIC, has warned Nigerians to avoid trading in bitcoins and crypto-currencies. It said that...

NDIC speaks on Nigerians’ investment in bitcoins
Nigeria Deposit Insurance Corporation (NDIC) ​has​ warned ​Nigerians ​against ​investing in digital currencies, especially Bitcoins​. It...

NDIC speaks on ‘financial distress’ in Nigerian banks
Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has cleared the air over reported financial distress in...

MMM: 3 million Nigerians lost N18bn to scheme – NDIC
The Nigerian Deposit Insurance Corporation (NDIC) has said that at least, three million Nigerians have lost N18bn in the popular Ponzi...

We can’t do more than pray for MMM victims – NDIC
The Managing Director of the Nigeria Deposit Insurance Corporation, NDIC, Umaru Ibrahim, has said there is nothing else the agency could...

NDIC launches plan to shut down MMM in Nigeria, insists it is fraudulent
The Nigeria Deposit Insurance Corporation, NDIC, has revealed plans to shut down Mavrodi Mondial Movement, MMM, scheme in Nigeria. The...

Buhari moves to extend tenure of Umoru Ibrahim as NDIC Managing Director
President Muhammadu Buhari has written to the Senate to confirm the reappointment of Umoru Ibrahim as the Managing Director/Chief...

Supreme Court set to deliver judgment in N38.6bn appeal against NDIC
The Supreme Court on Monday fixed Jan. 20, 2017 to deliver judgment on appeal filed by AKAHALL & Sons seeking payment of £265,077m (N38.4...

NDIC warns against patronage of ‘wonder banks’
He gave the warning at NDIC Special Day at the ongoing 2016 Abuja International Trade Fair with the theme entitled, “Make it in...
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