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NDIC Covers 98% Of Bank Depositors’ Fund

NDIC Covers 98% Of Bank Depositors’ Fund   The Nigeria Deposit Insurance Corporation (NDIC) has said more than 97. 6 per cent of account holders are fully covered by the N500,000 insurance limit. According to the managing director and chief executive of the NDIC, Mr Bello Hassan...

NDIC Pays N118.71bn To Bank Depositors, Says MD

NDIC Pays N118.71bn To Bank Depositors, Says MD       The Nigeria Deposit Insurance Corporation (NDIC) said it has paid N118.71 billion to both the insured and uninsured depositors of failed banks as of June this year. The Managing Director/Chief Executive of the corporation, Bello Hassan, said this...