Tag: NDIC

NDIC re-strategises to address banking sector challenges

The Nigeria Deposit Insurance Corporation has begun moves to re-strategise its operations to enable it to effectively address emerging challenges in the banking sector. The Managing Director/Chief Executive, NDIC, Alhaji Umar Ibrahim, disclosed this on Wednesday in Abuja during a retreat organised for board members of the corporation. He said […]

AGF, NDIC boss, others receive ICAN award

The Institute of Chartered Accountants of Nigeria has recognised the contributions of six Nigerians to key sectors of the economy. They are the Accountant-General of the Federation, Mr. Jonah Otunla; Auditor-General for the Federation, Mr. Samuel Ukura; and Managing Director, Nigeria Deposit Insurance Corporation, Alhaji Umaru Ibrahim. Others are the […]

NDIC Pays N90bn to Depositors of Failed Banks

The Nigeria Deposit Insurance Corporation has paid N90.13 billion to depositors of the 48 deposit money banks in-liquidation in the country as at December 31, 2012. The Managing Director/Chief Executive Officer of NDIC, Alhaji Umaru Ibrahim disclosed this Friday in Benin City, Edo State, during an address he delivered on […]