NDIC Spends 120.2bn in Failed Banks’ Claims Settlement

The Nigeria Deposit Insurance Corporation (NDIC), on Tuesday, revealed that cumulative payments to depositors, creditors and shareholders of banks in-liquidation as at June 30, 2023 stood at N120,262,406 billion. An official of the Corporation, Tanko Ibrahim, made the disclosure in Abuja at this year’s World’s Savings Day celebration organised by the NDIC and held at […]