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Nigeria Deposit Insur­ance Corporation (NDIC)

NDIC Strengthens Safety Net for Small Savers

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THE Nigeria Deposit Insurance Corporation has intensified efforts to reassure small savers that their bank deposits remain secure, even if financial institutions encounter difficulties. At a town hall engagement in Lagos, NDIC officials highlighted the importance of public awareness in sustaining confidence in the banking system. Managing Director Thompson Sunday, represented by Adedayo Olukoya, Director […]

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Heritage Bank Depositors Receive Second Payout Amid Stronger Banking Safeguards

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By OBIOMA TORI NDIC Declares ₦24.3 Billion Second Liquidation Dividend for Heritage Bank Depositors THE Nigeria Deposit Insurance Corporation (NDIC) has announced the disbursement of a second liquidation dividend of ₦24.3 billion to depositors of the now-defunct Heritage Bank Limited, marking another milestone in efforts to safeguard customer funds and restore confidence in the nation’s […]

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