The Nigeria Deposit Insurance Corporation (NDIC) has announced that the first tranche of liquidation dividends for uninsured depositors of the defunct Heritage Bank will be […]
Tag: NDIC
NDIC Begins Liquidation of Heritage Bank After License Revocation
The Nigerian Deposit Insurance Commission (NDIC) has initiated the liquidation process for the failed Heritage Bank, beginning with the verification and payment of depositors. This […]
NDIC Increases Deposit Insurance Coverage for Financial Institutions
The Nigeria Deposit Insurance Corporation (NDIC) has raised deposit insurance coverage for all licensed deposit-taking financial institutions, including Deposit Money Banks (DMBs), Microfinance Banks (MFBs), […]