NDIC increases deposit insurance coverage for bank customers
The Nigeria Deposit Insurance Corporation (NDIC) has announced a substantial increase in the maximum deposit insurance coverage levels across various banks. Effective immediately, the new coverage adjustments were revealed during a press conference held by the NDIC’s MD/CEO, Mr. Bello Hassan, on May 2, 2024. FULL ADDRESS OF THE MD/CE NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC)…