- The Nigeria Deposit Insurance Corporation (NDIC) says it has adopted a new payment platform for depositors of Heritage Bank
- The agency cited hitches in Remita for the switch, saying Remita has a lot of limitations
- NDIC disclosed that it now uses the Nigeria Inter-Bank Settlement System to pay verified depositors
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The Nigeria Deposit Insurance Corporation (NDIC) has adopted the Nigeria Inter-Bank Settlement System (NIBBS) to pay depositors of the failed Heritage Bank, citing limitations in Remita.