managing director of NDIC

Discrepancies in account names delaying Heritage Bank customers’ payment – NDIC

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Discrepancies in account names delaying Heritage Bank customers’ payment – NDIC

The Nigeria Deposit Insurance Corporation (NDIC) says account name discrepancies in Bank Verification Number (BVN) linked alternate accounts of some defunct Heritage Bank customers are delaying the payment of their insured deposits. Bello Hassan, the managing director of NDIC, told the News Agency of Nigeria (NAN) on Sunday in Abuja. Mr Hassan said the corporation … Read more

NDIC backs CBN’s planned recapitalisation of banks

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NDIC backs CBN’s planned recapitalisation of banks

The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move to recapitalise banks to achieve economic resilience in the country. The Managing Director of NDIC, Bello Hassan, made the commendation on Friday during the NDIC Special Day at the ongoing 35th Enugu International Trade Fair. The News Agency … Read more