NDIC Says Depositors Must Get up to N5m after Bank Collapse

Nigeriacommunicationsweek | 17-10-2025 12:11pm |

Nigeria Deposit Insurance Corporation (NDIC) has reassured depositors, especially small savers and traders, that their money is protected with compensation of up to N5 million in the event of a bank failure. NDIC said that this is as part of efforts to boost public confidence in the banking system. Mrs Hawwau Gambo, head of Communication

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.