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NDIC plans technical, financial support for banks

The Nigerian Deposit Insurance Corporation has said that plans are underway to review its Deposit Insurance Framework to provide adequate financial and technical support to financial institutions in the country.

The Managing Director, NDIC, Bello Hassan, who stated this at the 2021 Finance Correspondents Association of Nigeria Workshop held in Ibadan on Wednesday, said the review would be implemented in line with Section 2, sub-Section 1 of the NDIC Act.

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