Articles

ARTICLES

Educational articles and public guidance from NDIC.

Articles

Explore published articles managed in the CMS.

NDIC Reaffirms Commitment to Depositor Protection

The Corporation continues disbursement to verified depositors of Heritage Bank in liquidation, reaffirming its mandate to protect insured deposits across the banking sector.

MD Restates NDIC’s Stabilising Role

Citing the steady progress of recoveries and depositor reimbursements, the MD outlined the Corporation's role in stabilising Nigeria's banking system over the past quarter.

NDIC Engages Judiciary on Deposit Insurance

A sensitisation seminar for judges examined deposit insurance law and the challenges of handling failed-bank litigation in Nigeria's courts.

Deposit Insurance in Nigeria: A Pillar of Financial Stability

An in-depth examination of how Nigeria’s deposit insurance framework has evolved since 1988 and why it remains indispensable to the stability of the financial system.

Moral Hazard in Banking: How Deposit Insurance Gets the Balance Right

Nigeria moved from flat-rate to risk-based deposit insurance premiums in 2018. This article evaluates six years of outcomes and explores the next generation of premium design.

Open Banking and Deposit Insurance: Navigating Uncharted Territory

As the CBN’s Open Banking framework takes shape, the NDIC must adapt its deposit insurance mandate to cover new account structures, aggregators, and embedded finance products.

Financial Inclusion and the Role of NDIC in Extending Coverage to the Unbanked

With 45% of Nigerian adults still unbanked, the NDIC’s financial inclusion mandate extends beyond insurance to encompass awareness, trust-building, and advocacy for formal banking products.

Bank Resolution Strategies: Lessons from Three Decades of Deposit Insurance in Nigeria

Looking back at 35 years of bank resolution in Nigeria — from the early failures of the 1990s through the consolidation era to the Heritage Bank episode — this article distils the strategic lessons.