NDIC Urges Nigerians to Embrace Formal Banking as ₦5m Deposit Cover Protects 98.98% of DMB Depositors
The Nigeria Deposit Insurance Corporation, NDIC, has urged Nigerians to keep more of their money within the formal banking system, pointing to the increase in maximum deposit insurance coverage for Deposit Money Banks from ₦500,000 to ₦5 million as an...
