99% depositors fully insured – NDIC

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By Chukwuma Umeorah

The Nigeria Deposit Insurance Corporation (NDIC) has revealed that 98.98 per cent of  depositors in commercial banks and 99.27 per cent of those in microfinance banks in the country are now fully insured under its revised deposit insurance coverage.

This was disclosed yesterday at the 2024 NDIC Editors Forum held in Lagos, where the corporation emphasized its commitment to…

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