5 months ago
9
The Nigeria Deposit Insurance Corporation, NDIC, has advised depositors to patronize lone deposit fiscal institutions licensed by the Central Bank of Nigeria, CBN.
The Managing Director of NDIC, Mr Bello Hassan, said this portion briefing newsmen connected the reappraisal of the maximum deposit security sum level for depositors of failed banks successful Abuja connected Thursday.
Hassan said that lone the CBN-licensed deposit fiscal institutions were insured by the NDIC, urging depositors not to beryllium deceived by mouthwatering involvement rates presented by immoderate non-licensed deposit fiscal institutions.
According to him, depositors could lone writer oregon study issues betwixt them and licensed deposit fiscal institutions to the CBN and the NDIC successful the lawsuit of immoderate dissatisfaction.
He said the database of licensed deposit-taking fiscal institutions was astatine the CBN and NDIC’s websites.
Hassan further stated that the NDIC would lone wage maximum deposit security to depositors of the licensed institutions.
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