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NDIC to cover non-interest banks’ deposit liabilities



The Nigeria Deposit Insurance Corporation said it had found it necessary to develop a framework for insuring deposit liabilities of non-interest financial institutions in the country. The NDIC, in a statement on Tuesday, noted that the successful take-off of the non-interest banking was being undertaken by Ja’iz Bank, Stanbic IBTC and Sterling Banks. The corporation, […]

NDIC to cover non-interest banks’ deposit liabilities