NDIC Raises Insurance Coverage For DMBs, MFBs To N5m, N2m :

May 2, (THEWILL) - The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage of all deposit-taking financial institutions in the country. In a statement on Thursday, NDIC Managing Director, Hassan Bello, said the maximum deposit insurance coverage of Deposit Money Banks (DMBs) has been increased from N500,000 to N5 million, which

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