The Nigerian Deposit Insurance Commission (NDIC) has initiated the liquidation process for the failed Heritage Bank, beginning with the verification and payment of depositors. This […]
Tag: NDIC
NDIC Increases Deposit Insurance Coverage for Financial Institutions
The Nigeria Deposit Insurance Corporation (NDIC) has raised deposit insurance coverage for all licensed deposit-taking financial institutions, including Deposit Money Banks (DMBs), Microfinance Banks (MFBs), […]