NDIC blows whistle on illegal money schemes

The Punch | 02-10-2026 12:40am |

The Nigeria Deposit Insurance Corporation (NDIC) has raised an alarm over the rapid spread of illegal money schemes across the country. The corporation cautioned citizens against investing their money in unregulated institutions or illegal fund operators. The warning was delivered by the Managing Director and Chief Executive Officer, Thompson Sunday, in Abuja.

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