Tag: Alhaji Umaru Ibrahim

Bank depositors paid N73.5bn dividend in 2012- NDIC

Managing Director/Chief Executive Officer, Nigerian Deposit Insurance Corporation, Alhaji Umaru Ibrahim, said a total of N73.5bn was paid as liquidation dividends to 250,209 depositors of Deposit Money Banks in 2012. He also said despite the daunting challenges in the nation’s financial market, the corporation paid a cumulative insured deposits of […]

NDIC seeks W’Bank aid to amend insurance framework

The Nigeria Deposit Insurance Corporation on Tuesday said it was currently seeking aid from the World Bank to enable it develop a framework that would be used in determining the strength of its Deposit Insurance Fund. The Managing Director, NDIC, Alhaji Umaru Ibrahim, said at the International Association of Deposit […]