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In Other News · Africa

NDIC pays N69.65bn to depositors of failed banks

Source: Punch (Nigeria)
Summary
The Nigeria Deposit Insurance Corporation has disclosed that it has paid a cumulative N69.65bn to insured depositors of failed financial institutions as part of efforts to protect bank customers and strengthen confidence in the banking system. The Director of Strategy Development at the NDIC, Mrs Gwa Uduak, disclosed this on Thursday during the opening ceremony Read More: https://punchng.com/ndic-pays-n69-65bn-to-depositors-of-failed-banks/
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