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BREAKING: NDIC Raises Deposit Insurance Coverage From N500,000 to N5m

Aim To Boost Public Confidence - MD..Welcome Development- Uwaleke By Tony Obiechina, Abuja In its determination to enhance depositors’ protection and public confidence, the Nigerian Insurance Deposit Corporation (NDIC) on Thursday raised the maximum deposit insurance coverage for Deposit Money Banks from N500,000 to N5m. The Managing Director of NDIC, Mr Hassan Bello who

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