Tag: Nigerian Deposit Insurance Commission (NDIC): functions
Nigerian Deposit Insurance Commission (NDIC): functions, purpose and more
The Nigerian Deposit Insurance Commission (NDIC) was established in 1988 by the Nigerian government to protect depositors and promote confidence in the Nigerian banking system. NDIC operates as an independent agency, and its primary function is to ensure that depositors’ funds are safeguarded in the event of the failure of a bank in Nigeria. In …
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