NDIC posts 97% budget execution, proposes N589.9bn for 2026
The Nigeria Deposit Insurance Corporation achieved a 97% execution rate of its 2025 budget, leading to a proposed ₦589.89 billion budget for 2026 following positive feedback from lawmakers.
NDIC sensitises students to financial literacy, wealth building
The Nigeria Deposit Insurance Corporation (NDIC) conducted a financial literacy workshop for students in Calabar, educating them on wealth building and financial independence.
NDIC insures 99% of Nigerian depositors, says official
The NDIC announced that 99% of Nigerian bank depositors are covered under its deposit insurance scheme, emphasizing the safety of their funds during a trade fair in Kaduna.
NDIC steps up debt recovery from failed banks
The Nigeria Deposit Insurance Corporation is intensifying efforts to recover outstanding loans from debtors of failed banks using new powers from the NDIC Act 2023.