JUST IN: NDIC increases maximum deposit insurance coverage for banks to N5m
By Tribune Online
JUST IN: NDIC increases maximum deposit insurance coverage for banks to N5m
The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage for Deposit Money Banks (DMBs) from N500,000 to N5,000,000 and would provide full coverage of 98.98 per cent of the total depositors compared with the current cover of 89.20 per cent This was announced on Thursday by the Managing Director/Chief Executive of […]
JUST IN: NDIC increases maximum deposit insurance coverage for banks to N5m
Tribune Online