Nigeria Deposit Insurance Corporation (NDIC)

BREAKING: NDIC Disburses N5m Each to Defunct Heritage Bank Depositors

Aug 11, 2024. by Ekohot Editor

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has disbursed N5 million each to 82.36% of the depositors of the now-defunct Heritage Bank. However, 17.64% of the insured deposits are still pending, primarily due to issues such as Post-No Debit instructions on accounts or missing Bank Verification Numbers (BVNs). EKO HOT BLOG reports … Read more

Banks Lose Over N5bn To Fraudsters In 9 Months — NDIC

Mar 9, 2021. by Ekohot Editor

The Nigeria Deposit Insurance Corporation (NDIC) has said that banks in the country lost over N5 billion to fraudsters within the first nine months in 2020. The NDIC stated that it is in collaboration with other agencies in law enforcement to curtail cybercrimes, especially in the financial system. The Nigeria Deposit Insurance Corporation (NDIC) has … Read more