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Tag: depositors

Why do depositors no longer lose money even when banks collapse?

NDIC begins verification of depositors of defunct Peak Merchant Bank

Nigerian Deposit Insurance Corporation (NDIC)
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Depositors of failed banks to get extra N16.18bn — NDIC

Depositors, creditors and stakeholders of 20 failed banks are expected to get additional N16.18 billion in liquidation dividends, the Nigeria Deposit Insurance Corporation (NDIC) has…