NDIC Covers 99 Percent of Commercial Banks’ Deposits – MD

Nigeriacommunicationsweek | 04-10-2025 12:05pm |

Nigeria Deposit Insurance Corporation (NDIC) currently provides full insurance cover for 98.98 percent of Deposit Money Banks’ total deposits, according to Mr. Thompson Sunday, managing director of the Corporation. Sunday stated this at the NDIC Special Day of the ongoing 20th Abuja International Trade Fair, with the theme, “Sustainability: Consumption, Incentives and Taxation”. He restated NDIC’s

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