2015-01-06

NDIC 25th Anniversary

The Nigeria Deposit Insurance Corporation (NDIC) is celebrating 25 years of operation. Established in 1988, it has played a crucial role in protecting depositors and strengthening the financial system in Nigeria, especially after the Structural Adjustment Programme. The NDIC has increased deposit insurance coverage over the years and extended it to microfinance and mortgage banks. It has also adopted innovative resolution methods for failed banks, contributing to financial inclusion and stability, and plans to continue improving its services and public awareness.

Nigeria

Nigeria Deposit Insurance Corporation

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