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Failed Banks

NDIC partners FCT in liquidation of failed banks’ assets

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Philip Clement, Abuja Nigerian Deposit Insurance Corporation Board of Directors Chair, Mrs Ronke Sokefun, is seeking the cooperation of the Federal Capital Territory Administration in the liquidation of failed banks’ assets. The NDIC board chair, made the disclosure during a visit to the FCT minister in Abuja on Tuesday, a statement by the corporation has […]

How we saved N1.75trn depositors fund from failed banks – NDIC

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NDIC

The Nigeria Deposit Insurance Corporation (NDIC) says it has saved N1.7trn depositors fund from different failed banks across the country. Managing Director of NDIC, Umaru Ibrahim stated this while giving a scorecard of the agency ahead of its 30 years anniversary celebration in Abuja. Ibrahim said asides saving N1.7trn depositors money, the Corporation also saved […]