Following the approval of the Minister of Finance, Mrs. Kemi Adeosun, the Nigeria Deposit Insurance Corporation (NDIC) is to set a new maximum deposit insurance coverage (MDIC) for each depositor of Primary Mortgage Banks (PMBs) to N500,000 from N200,000. The approval further enabled the corporation to extend the differential premium assessment system (DPAS) to the […]
NDIC reviews coverage limit for depositors of primary Mortgage Banks
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