Nigeria: NDIC Liquidates 425 Banks

23 February 2020

The Nigeria Deposit Insurance Corporation (NDIC) had by December 2019 liquidated 425 financial institutions.

An Assistant Director (AD) in the Insurance and Surveillance Department of the NDIC, Mr John Abiodun, disclosed this at the Quarterly Forum of the Finance Correspondents Association of Nigeria (FICAN), in Abuja, at the weekend.

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