50% Remittance To Govt Coffers Limiting Our Ability To Grow Deposit Insurance Fund—NDIC
[The Whistler - Nigeria] - 30/12/2025
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that the mandatory remittance of 50 per cent of its earnings to government coffers is constraining its ability to adequately build the Deposit Insurance Fund needed to effectively respond to bank failures. The Managing Director/Chief (…)
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