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NDIC Switches to NIBSS for Heritage Bank Depositor Payments Due to Remita’s Limitations

The Nigeria Deposit Insurance Corporation (NDIC) has shifted to using the Nigeria Inter-Bank Settlement System (NIBSS) to pay insured depositors of the defunct Heritage...

The Nigeria Deposit Insurance Corporation (NDIC) Sells Heritage Bank Properties After Bank Closure

The Nigeria Deposit Insurance Corporation (NDIC) is selling the head office and branches of the closed Heritage Bank. This announcement was made on Thursday...

Heritage Bank : NDIC Verifies 2.3 million Depositors To Receive Disbursement

The Nigerian Deposit Insurance Corporation (NDIC) has certified 2.3 million Heritage Bank depositors to receive disbursement The NDIC's Managing Director, Bello Hassan, made the announcement...

As Heritage Bank Shutdown, NDIC Steps In to Protect Depositors Funds

The Nigerian Deposit Insurance Corporation (NDIC) has begun liquidating Heritage Bank after the Central Bank of Nigeria (CBN) revoked its operating license. This move...

NDIC Begins Liquidation Of Heritage Bank

The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of the liquidation process for Heritage Bank, which includes the immediate verification and payment...

NDIC Officials Visit Heritage Bank On “Special Assignment” Amid Takeover Rumors

The Nigerian Deposit Insurance Corporation (NDIC) made an unexpected visit to several Heritage Bank branches on Monday morning, amid growing rumors of a potential...

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