NDIC pays depositors of failed banks N90bn, says MD

by | March 4, 2013 9:52 am

The Nigeria Deposit Insurance Corporation (NDIC), has so far paid depositors of 48 failed banks in the country a total of N90.13 billion as at December 2012. In 2012 alone, the NDIC paid over N10 billion to depositors across the country. The Managing Director of NDIC Umar Ibrahim disclosed this in Kaduna last Wednesday at…

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