Mobile Money customers can rest easy as the NDIC has included mobile money operators in its insurance coverage.
The MD/ Chief Executive of NDIC, Umaru Ibrahim has expressed optimism in tackling emerging threats facing the banking industry.
The NDIC has commenced the payment of money deposited in the 154 failed Micro Finance Banks (MFBs) to the customers of the banks.
Ten Deposit Money Banks accounted for about 87.63 percent of fraud and forgeries that occurred in the banking sector in the 2017.
NDIC commences verification of insured depositors of failed banks