NDIC pays N1.48bn to 10,312 depositors of 47 closed MFBs
FROM THE PUBLISHER
By Emma Ujah, Abuja Bureau Chief The Nigeria Deposit Insurance Corporation, NDIC, has paid N1.48 billion to 10,312 insured depositors of 47 recently closed microfinance banks, MFBs, as part of efforts to strengthen confidence in the banking system. Managing Director of the Corporation, Mr. Thompson Sunday, disclosed this in Abuja on Thursday while speaking at the NDIC’s 2026 Customer Service Week celebration, with the theme, “Go the Extra Mile.” Sunday said the payments, which were…
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