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What does NDIC stand for?

NDIC stands for Nigeria Deposit Insurance Corporation

This definition appears frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Organizations, NGOs, schools, universities, etc.
  • Business, finance, etc.

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Other Resources:
We have 12 other meanings of NDIC in our Acronym Attic

Samples in periodicals archive:

To consider the medium of financial stability, International Monetary Fund (IMF) and World Bank will check the survival and ability of deposit insurance, Umaru Ibrahim, Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC) said.
The Asset Management Corporation of Nigeria, AMCON, has announced the appointments of the Board of Directors of the three bridge banks it acquired from the Nigeria Deposit Insurance Corporation (NDIC): Mainstreet Bank Limited (formerly Afribank), Keystone Bank (formerly Bank PHB) and Enterprise Bank Limited (formerly Spring Bank).
uk Global Banking News - 02 April 2012 The managing director of the Nigeria Deposit Insurance Corporation, NDIC, Alhaji Umaru Ibrahim, has said that his organisation would ensure the quality of personnel in the banking sector.
Strict adherence to regulations In an effort to prevent the mushrooming of new banks without adequate financial cover or sufficient business acumen to survive in this highly competitive sector, the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) are insisting on strict adherence to a series of tough regulations.