NDIC Clarifies Deposit Insurance Limits After Heritage Bank Collapse

The Nigeria Deposit Insurance Corporation (NDIC) has clarified that depositors of liquidated commercial banks are entitled to a maximum insured sum of N5 million, while depositors in microfinance banks and…

Black News Black News
Feb 27, 2026 - 13:34
NDIC Clarifies Deposit Insurance Limits After Heritage Bank Collapse
The Nigeria Deposit Insurance Corporation (NDIC) has clarified that depositors of liquidated commercial banks are entitled to a maximum insured sum of N5 million, while depositors in microfinance banks and…
African News