The Nigeria Deposit Insurance Corporation has disclosed that it has refunded over N526, 414 depositors of closed Deposit Money Banks.
NDIC has revealed that the licenses of 153 Micro-Finance Banks (MFBs) were revoked in 2018 with cumulative ₦116.2 billion paid to depositors, creditors and shareholders.
@cenbank has set new targets for Microfinance banks in order to accelerate its financial inclusion strategy.
