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Alhaji Umaru Ibrahim

House C’ttee commends NDIC on budget implementation

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The Managing Director/Chief Executive (MD/CE) of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has successfully defended the Corporation’s proposed 2017 budget before the House Committee on Insurance and Actuarial Matters as part of its oversight function. The MD/CE began by calling the attention of the Honourable members to the delay in the approval of […]

Stop Patronising Illegal Fund Operators, NDIC Warns

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Managing Director of the Nigeria Deposit Insurance Corporation, Alhaji Umaru Ibrahim, has warned depositors against patronising illegal fund operators, otherwise known as “wonder banks” across the country, saying they are not licensed by the Central Bank of Nigeria. Speaking during the 36th Kaduna International Trade Fair to mark the NDIC Special Day, Ibrahim said the […]