NDIC @NDICNigeria Twitter profile

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NDIC

@NDICNigeria

5 years

NDIC sends forth former Board Member and Minister of State, Niger Delta Affairs, Festus Keyamo (SAN): L – R: @fkeyamo ; NDIC MD/CE, Umaru Ibrahim; and Board Chairman, Ronke Sokefun at the send forth ceremony organized by NDIC for the Minister in Abuja.

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NDIC

@NDICNigeria

5 years

NDIC sends forth former Board Member and Minister of State, Niger Delta Affairs, Festus Keyamo (SAN): The Minister @fkeyamo being presented with a congratulatory card and plaque by the Board and Management of the Corporation. #NDIC #FestusKeyamo

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NDIC

@NDICNigeria

1 year

The Senate Committee on Banking, Insurance and Other Financial Institutions Chaired by @Ubasanius yesterday held a successful public hearing on A Bill for an Act to Repeal the Nigeria Deposit Insurance Corporation Act, No. 16, 2006 and Re-Enact NDIC Act 2022...

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NDIC

@NDICNigeria

2 years

Nominee for NDIC ED, Corporate Services, Mrs Emily Osuji; Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani; NDIC DD, Mr. I. I. Sani & NDIC ED, Operations, Mr. M. M. Ibrahim at the screening of Mrs. Osuji at the National Assembly.

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NDIC

@NDICNigeria

3 years

The new NDIC MD/CE, Mr. Bello Hassan (right) and NDIC Executive Director Operations, Mr. M. M. Ibrahim (left) resumed duty and were welcomed by the NDIC Executive Director Corporate Services, Hon. Mrs. Omolola Abiola-Edewor (middle). #NDIC #NDICNigeria

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NDIC

@NDICNigeria

4 years

NDIC Contributes N 1Billion to COVID -19 Crisis Relief Fund #NDIC #NDICnigeria #COVID19

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NDIC

@NDICNigeria

4 years

The Nigeria Deposit Insurance Corporation (NDIC) has condoled President Muhammadu Buhari on the demise of his late Chief of Staff Mallam Abba Kyari who died on Friday 17th of April, 2020.

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NDIC

@NDICNigeria

4 years

Happy Eid al Fitr. #NDIC #NDICnigeria #EidUlFitr

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NDIC

@NDICNigeria

5 years

NDIC: 30 years of protecting Depositors in Nigeria. #NDICNigeria #NDICat30 #NDIC #DepositInsurance

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NDIC

@NDICNigeria

4 years

Happy Workers' Day #NDIC #NDICNIGERIA #1stmay #workersday

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NDIC

@NDICNigeria

3 years

In order to prevent bank failures and losses to depositors, NDIC conducts close supervision and detailed bank examinations. Banks are also required to periodically file financial reports to enable NDIC evaluate their financial condition and compliance with laws and regulations.

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NDIC

@NDICNigeria

4 years

"In recognition of the tremendous performance of NDIC at local & international levels, Umaru Ibrahim was elected in 2013 into the Executive Council of the International Association of Deposit Insurers (IADI). He is also the incumbent Chairperson of the African regional committee

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NDIC

@NDICNigeria

3 years

NOTICE OF CLOSURE OF 42 MICROFINANCE BANKS (MFBs). #NDIC #NDICnigeria #verificationofclaims #depositinsurance

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NDIC

@NDICNigeria

4 years

Sustainable banking is the integration of social and environmental considerations in services, procedures & strategies. NDIC has been actively supporting the effort of CBN on "Sustainable Banking Policy" and has been implementing the Nigeria Sustainable Banking Principles .

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NDIC

@NDICNigeria

4 years

BOFIA public hearing at the National Assembly. #NDIC #NDICnigeria #bofia #CBN #nationalassembly

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NDIC

@NDICNigeria

4 years

Bank Supervision explained (in under 2 minutes). #NDIC #NDICNigeria #DepositInsurance #BankSupervision #NDICat30

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NDIC

@NDICNigeria

4 years

When times are uncertain it's important to make wise financial decisions. Don’t fall prey to risky financial investments, ponzi schemes or other unregulated quick money making schemes. Keep your money safely in the bank where it is protected by the NDIC. #NDIC #COVID19 #Savings

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NDIC

@NDICNigeria

5 years

Happy Independence Day Nigeria! As you turn 59, NDIC has been protecting your bank deposits for 30 years. #NigeriaAt59 #nigeriaindependence #Nigeria #NDIC #NDICNigeria

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NDIC

@NDICNigeria

5 years

HIGHLIGHTS: "To date, the NDIC has paid a cumulative sum of over ₦8.25 billion as insured amount to 442,999 depositors of closed DMBs; paid over ₦2.97 billion to 83,415 depositors of closed MFBs, and over ₦70.53 million was paid to 869 depositors of closed PMBs."

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NDIC

@NDICNigeria

3 years

Outgoing MD/CE NDIC, U. Ibrahim receiving a commemorative plaque from President of the Alumni Association of the National Institute (AANI)former IGP, M.D.Abubakar, AANI Vice President, Aisha Dankani during a special valedictory luncheon organised by AANI in honour of MD/CE NDIC.

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NDIC

@NDICNigeria

4 years

Here are 3 ways NDIC is protecting your bank deposits. Through Bank Supervision, Differential Premium Assessment and Fintech & Innovation. #NDIC #NDICNigeria #DepositInsurance #BankSupervision

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NDIC

@NDICNigeria

4 years

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NDIC

@NDICNigeria

4 years

"NDIC is the first public sector organisation in Nigeria to be awarded three International Organisation for Standardisation (ISO) certificates by the British Standards Institution (BSI): "

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NDIC

@NDICNigeria

4 years

NDIC hosts a group of students from the Banking and Finance Department, University of Abuja. #NDICnigeria #NDIC

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NDIC

@NDICNigeria

1 year

#EmbraceEquity #IWD2023 #NDICNigeria #NDIC

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NDIC

@NDICNigeria

11 months

PRESS RELEASE: NDIC ADDRESSES ALLEGATIONS OF FINANCIAL IMPROPRIETY INVOLVING STAFF MEMBER.

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NDIC

@NDICNigeria

4 years

3 ways NDIC is protecting your bank deposits. #NDIC #NDICNigeria #BankSupervision #DepositInsurance

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NDIC

@NDICNigeria

4 years

Ramadan Mubarak #NDIC #NDICNigeria #RamadanMubarak

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NDIC

@NDICNigeria

4 years

NDIC Director, Communication & Public Affairs, Dr. Sunday Oluyemi (right) receiving an award on behalf of the MD/CE NDIC, Alh Umaru Ibrahim for Public Servant of the Year 2019 from the Editor of AlJazirah Nigeria Newspaper, Mr. Bassey Etuk Williams (left). #NDICNigeria #NDIC

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NDIC

@NDICNigeria

4 years

With NDIC, the safety of your deposits are guaranteed... #NDIC #NDICnigeria #depositinsurance

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NDIC

@NDICNigeria

5 years

New members of NDIC's Anti-Corruption and Transparency Unit (ACTU) taking the oath of membership conducted by a lawyer from the @ICPC_PE in the presence of NDIC Executive Director Corporate Services, Hon. Mrs. Omolola Abiola Edewor #NDICNigeria

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NDIC

@NDICNigeria

4 years

Frequently Asked Questions (FAQS) #NDIC #NDICnigeria #depositinsurance #financialliteracy #financialplanning

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NDIC

@NDICNigeria

2 years

CBN Governor, Mr Godwin Emefiele addressing the audience at the ongoing 2022 IADI ARC Workshop in Abuja. #ARCAbuja #ARCWorkshop2022 #IADIat20 #NDICNigeria #NDIC

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NDIC

@NDICNigeria

1 year

PRESS RELEASE: NDIC ASSURES SPEEDY PAYMENT OF CLAIMS TO DEPOSITORS OF CLOSED MFBs AND PMBs.

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NDIC

@NDICNigeria

8 months

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NDIC

@NDICNigeria

1 year

L-R: ED, Corporate Services, NDIC, Mrs. Emily Osuji supporting the representative of the MD/CE and ED, Operations, Mr. Mustapha M. Ibrahim to receive the Industrial Training Fund (ITF) award as “Best Contributing Employer in Human Resources Development” for Year 2022...1/2

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NDIC

@NDICNigeria

4 years

It's never too early to teach your kids about financial literacy . #mondaythoughts #financialliteracy #NDIC #NDICnigeria

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NDIC

@NDICNigeria

1 year

Payment Service Banks (PSBs) are permitted to use technology and agency banking to mobilise deposits and facilitate transfers from unbanked consumers in rural regions and other locations in Nigeria where they exist. Have you used a Payment Service Bank?

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NDIC

@NDICNigeria

4 years

The NDIC Head Office is temporarily closed for routine decontamination. The Office will be opened on Monday, June 29, 2020. #NDIC #NDICNigeria #DepositInsurance

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NDIC

@NDICNigeria

4 years

Our core values & beliefs. What we live and stand by. #NDIC #NDICnigeria #corevalues #organizationalculture

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NDIC

@NDICNigeria

3 years

L-R: Prince Aghatise Erediauwa, outgoing Executive Director (Operations); Umaru Ibrahim, outgoing MD/CE; and Executive Director (Corporate Services), Hon (Mrs.) Omolola Abiola-Edewor during the last Management Consultative Committee (MCC) by the two outgoing Senior Executives.

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NDIC

@NDICNigeria

2 years

NDIC is an independent agency of the FGN. The purpose of the deposit insurance system is to protect depositors & guarantee settlement of insured funds when a deposit-taking financial institution can no longer repay their deposits thus helping maintain financial system stability

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NDIC

@NDICNigeria

4 years

NDIC Dir. Communication and Public Affairs Dept., Mr. B. A. Nuhu makes his remarks during the 2020 Finance Correspondents Association of Nigeria, FICAN Workshop themed “Covid-19 and Fintech Disruption: Opportunities & Challenges for Banking System Stability & Deposit Insurance”.

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NDIC

@NDICNigeria

3 years

CAPTION L – R Special Assistant to the President on NASS Matters, Senator Babajide Omoworare; NDIC MD/CE Nominee, Hassan Bello; and ED (OPs) Nominee, Mohammed M. Ibrahim appearing before the Senate Committee on Banking, Insurance and other Financial Institutions for screening .

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NDIC

@NDICNigeria

5 years

#NDIC #Finance #bank #savings #insurance

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NDIC

@NDICNigeria

4 years

Do &Don'ts when visiting a banking hall during the COVID -19 Pandemic #NDIC #NDICnigeria #COVID19Pandemic #staysafe

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NDIC

@NDICNigeria

1 year

In 2022, the NDIC developed the Single Customer View (SCV) to eliminate delays in reimbursing depositors of Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) in the event of Bank failure. #NDIC #SingleCustomerView #DepositorsProtection

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NDIC

@NDICNigeria

2 years

Did you know that the NDIC is a founding member of IADI? IADI was founded in 2002 to share deposit insurance expertise with the world. They set global standards for deposit insurance systems and thus contribute to the stability of financial systems. #NDIC #NDICNigeria

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NDIC

@NDICNigeria

3 years

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NDIC

@NDICNigeria

4 years

Do you know that NDIC's Deposit Protection is automatic? That's one less thing to worry about. #NDIC #NDICNigeria #DepositInsurance #COVID19Nigeria #COVID19 #lockdown #stayathome

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NDIC

@NDICNigeria

4 years

During the COVID-19 pandemic, don’t be confused or live in fear about what to do with your money. The best place to keep your money is in banks licensed by the CBN where it is safe and protected by the Nigeria Deposit Insurance Corporation (NDIC).

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NDIC

@NDICNigeria

6 months

PRESS RELEASE: NDIC EMERGES OVERALL BEST IN ICPC 2023 ETHICS AND INTEGRITY COMPLIANCE SCORECARD OF MDA

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NDIC

@NDICNigeria

5 years

NDIC Director, Communication & Public Affairs, Dr. Sunday Oluyemi addresses the Press during NDIC's 30th Anniversary Press Briefing. He is flanked from L-R by the Director, SIID and Director, AMD. NDICat30 NDICPressBriefing #NDICNigeria

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NDIC

@NDICNigeria

2 years

President/Chairman of Council Chartered Institute of Bankers of Nigeria (CIBN) Mr. Ken Opara Ph.D, FCIB presents the NDIC Executive Director Operations, Mr. Mustapha M. Ibrahim (2nd left) with the certificate and plaque during his investiture ceremony

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NDIC

@NDICNigeria

5 years

NDIC: 30 Years of Protecting Depositors in Nigeria #NDICNigeria #NDIC #NDICat30 #MarketWomen #DepositInsurance #Nigeria #Banking

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NDIC

@NDICNigeria

6 years

MD/CE, NDIC, Umaru Ibrahim FCIB, mni (2nd right) and other dignitaries listening to Chairman and Proprietor, Zaria Academy, Dr. Haroun-Rashid Adamu (1st right) during the commissioning of Science Laboratory Block donated to the school by the Corporation.

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NDIC

@NDICNigeria

4 years

NDIC MD, Umaru Ibrahim (R), Chairman Senate Committee on Banking Insurance & Other Financial Institutions Senator Uba Sani (M) Deputy Chairman, Senator Adamu Aliero (L) during a retreat by the Senate Committee and NDIC in Kaduna. #NDIC #NDICnigeria

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NDIC

@NDICNigeria

12 days

Press Release: NDIC Increases Maximum Deposit Insurance Coverage for Bank Depositors

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NDIC

@NDICNigeria

4 years

Love what you do ! #NDIC #NDICnigeria #MondayMotivation #mondaythoughts #SteveJobs #passion

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NDIC

@NDICNigeria

2 years

MD/CE NDIC, Bello Hassan (2nd left) at the ongoing IADI Africa Regional Committee Conference & AGM with the theme: Building Resilience for Deposit Insurance Systems: The New Normal at Victoria Falls, Zimbabwe.

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NDIC

@NDICNigeria

3 years

OUR MANDATE! #whatwedo #NDIC #NDICnigeria

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NDIC

@NDICNigeria

4 years

Merry Christmas and Happy Holidays! #NDIC #NDICNigeria #NDICat30 #MerryChristmas

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NDIC

@NDICNigeria

4 years

Do you know what NDIC is and what is does? Watch to find out. #NDIC #NDICNigeria #DepositInsurance

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NDIC

@NDICNigeria

2 years

M. M. Ibrahim, Executive Director, Operations, NDIC exchanging pleasantries with Mukhtar Omar Ali from the Somaliland Central Bank during the NDIC hosted Farewell Dinner. #IADIat20 #ARCAbuja #ARCWorkshop2022 #NDIC #NDICNigeria

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NDIC

@NDICNigeria

2 years

Need help? Call our 24 hour toll-free Help Desk line at 080063424357. #NDICNigeria #NDIC #helpdesk #help #support #depositors

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NDIC

@NDICNigeria

10 months

NOTICE TO DEPOSITORS OF FORTUNE INTERNATIONAL BANK & INDUMUJE MFB (IN-LIQUIDATION)

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NDIC

@NDICNigeria

2 years

Wishing you joy this Eid ! #NDICNigeria #NDIC #eidmubarak #eid2022

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NDIC

@NDICNigeria

4 years

ED Ops, NDIC, Prince Aghatise Erediauwa; MD NDIC, Umaru Ibrahim; Alumni President, M.D. Abubakar; VP Alumni Institute, Haj Aisha Dakani; and members of staff of the Alumni Association of the National Institute who paid a courtesy visit to the NDIC HQ, Abuja. #NDIC #NDICnigeria

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NDIC

@NDICNigeria

1 year

Ever wonder what happens to your money when a bank closes? NDIC pays you the insured limit amount up to N500,000 for DMBs upon bank closure and if you have above that amount, it pays the balance as liquidation dividends. 1/3

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NDIC

@NDICNigeria

4 years

NDIC CONTACT CHANNELS #NDIC #NDICnigeria

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NDIC

@NDICNigeria

6 years

Core Mandates

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NDIC

@NDICNigeria

1 year

May all your prayers be answered in this holy month of Ramadan. Ramadan Mubarak. #NDICNigeria #NDIC #ramadanmubarak #ramadan2023

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NDIC

@NDICNigeria

1 year

NDIC wishes you and your families wonderful Eid celebrations! #NDICNigeria #EID2023

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NDIC

@NDICNigeria

4 years

New Month, New Beginning, and New intentions. Welcome to July. #NDIC #NDICnigeria #July2020 #newmonth #depositinsurance

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NDIC

@NDICNigeria

3 years

NDIC MD/CE, Bello Hassan (3rd left) in a group photograph with ICAN Council Member, Sofura Seghosime (4th left), Abuja District Chairman, Bosede Ikanoba (2nd left) and other members during a courtesy visit to the MD/CE in Abuja.

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NDIC

@NDICNigeria

4 years

Dr. Laila Umar Ibrahim, daughter of Alh Umaru Ibrahim, the MD/CE of NDIC (4th right) was awarded the 2018 “Best Performing Staff” at the National Primary Health Care Development Agency (NPHCDA) at a special ceremony at the Emir’s Palace, Kano.

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NDIC

@NDICNigeria

7 years

"You must gain control over your money or the lack of it will forever control you" Dave Ramsey.

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NDIC

@NDICNigeria

3 years

We want to give our children the world. Let’s start with financial literacy and the tools to empower them make smart financial decisions. Research shows that kids money habits are set by the age of 7, so on this Children’s Day, give them the gift of financial knowledge.

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NDIC

@NDICNigeria

5 years

The winners of NDIC's 30th Anniversary Novelty Match pose with their trophy. #NDICat30 #NDICNigeria #NDIC

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NDIC

@NDICNigeria

5 years

L– R: Umaru Ibrahim, MD/CE, NDIC, and WI Seongbak, Chairman & President of Korea Deposit Insurance Corporation (KDIC) display the Memorandum of Understanding (MOU) signed in Seoul, South Korea to deepen the Deposit Insurance System (DIS) between the two bodies

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NDIC

@NDICNigeria

11 months

Happy Eid-al Adha, from NDIC!

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NDIC

@NDICNigeria

6 years

The Honourable Minister of Finance, Hajiya Zainab Ahmed receiving copies of publications by the Nigeria Deposit Insurance Corporation (NDIC) from the MD/CE, Umaru Ibrahim (Right) during her familiarisation visit to the agency in Abuja

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NDIC

@NDICNigeria

5 years

NDIC Board Chairman, Ronke Sokefun addresses NDIC Staff as NDIC MD/CE, Umaru Ibrahim and other NDIC Board Members watch during the Corporation's 30th Anniversary Novelty Match. #NDICat30 #NDICNigeria #NDIC

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NDIC

@NDICNigeria

1 year

NDIC MD/CE, Bello Hassan (middle) poses with NDIC Executive Director (Operations), Mustapha M. Ibrahim (left) and NDIC Director, CPAD, B. A. Nuhu during the ongoing Annual FICAN Workshop for business editors and financial correspondents in Port Harcourt. #NDICFICAN22 #NDICNigeria

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NDIC

@NDICNigeria

9 months

NDIC was established in 1988 and started operations in 1989. #NDIC #NDICNigeria

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NDIC

@NDICNigeria

6 years

NDIC awarded 3 British Standards Institution (BSI) ISO certifications for Information Security, IT Service and Business Continuity Management Systems.

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NDIC

@NDICNigeria

2 years

L-R: Chairman Board of Directors, NDIC, Mrs. Ronke Sokefun, Permanent Secretary, Federal Ministry of Finance, Budget & National Planning, Mr. Aliyu Ahmed; Hon. Minister, Federal Ministry of Finance, Budget & National Planning, Dr. Mrs. Zainab Shamsuna Ahmed.

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NDIC

@NDICNigeria

1 year

Happy New Year from all of us at NDIC. We wish you health, happiness and success in 2023 and beyond. #NewYear2023 #NDICNigeria #NDIC

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NDIC

@NDICNigeria

4 years

Happy New Year! #NDIC #NDICNigeria #HappyNewYear #2020

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NDIC

@NDICNigeria

2 years

The International Association of Deposit Insurers (IADI) celebrates its 20th Anniversary this year! Established on the 6th of May, 2002 IADI member nations across the world are celebrating the great achievements of IADI in enhancing the effectiveness of deposit insurance systems

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NDIC

@NDICNigeria

4 years

The NDIC, the official Liquidator of the banks whose licences were recently revoked, is in the process of paying the Insured Depositors. We therefore advise that all depositors of these banks should visit the closed banks’ addresses and...

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NDIC

@NDICNigeria

2 years

Licenced Banks are required to pay insurance premium to NDIC. This is an amount paid by licenced banks on behalf of depositors in order to receive Deposit Insurance Coverage in the event of bank failure. #NDICNigeria #NDIC #Depositinsurance

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NDIC

@NDICNigeria

4 years

MD/CE Nigeria Deposit Insurance Corporation, Umaru Ibrahim and NDIC Board Chairman Mrs Ronke Sokefun at the Nigeria Deposit Insurance Corporation International Women's Day Celebration Event in Lagos. #Eachforequal #IWD2020 #NDIC #NDICnigeria

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NDIC

@NDICNigeria

3 years

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NDIC

@NDICNigeria

9 months

Thank God its Friday. Enjoy your weekend! Remember NDIC is here to protect your deposits. #weekend #depositinsurance #NDIC

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NDIC

@NDICNigeria

5 years

In commemoration of Financial Literacy, NDIC extended its sensitization campaign to GSS Karshi. Students were enlightened on savings culture and money management. NDIC Dept. Dir., CPAD, M.K. Ibrahim 2nd Left presented some of the Corporation’s publications to staff of GSS Karshi.