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Depositors Claim For Compensation For The Failure Of A Financial Institution; Revisiting The Provisions Of The NDIC Act 2006 -By Oyetola Muyiwa Atoyebi & Bibiana Adeniji

The Nigeria Deposit Insurance Corporation has as its mandate the protection of the deposits of customers of financial institutions in a manner that enhances the confidence of the public in the banking sector of the nation. The enabling statute ought, therefore, to contain adequate provisions to reflect the commitment of the Corporation on the protection…

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