deposit insurance
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Nigeria NDIC Boosts Deposit Insurance: Raises Coverage to N5 Million for Banks, N2 Million for MFBs"
The Nigeria Deposit Insurance Corporation (NDIC) has made a groundbreaking move by significantly raising the maximum deposit insurance coverage for bank depositors. This adjustment, announced on Thursday, marks a substantial increase of 900 percent, raising the coverage from N500,000 to N5...
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