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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

NDIC shifts from claims payer to risk minimiser to prevent bank failures

The Nigeria Deposit Insurance Corporation (NDIC) has shifted its role from primarily paying claims after bank failures to becoming a read more NDIC shifts from claims payer to risk minimiser to prevent bank failures

Aggregated · originally by BusinessDay
30 Sept 2026, 20:30 WAT · 3 min read
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NDIC shifts from claims payer to risk minimiser to prevent bank failures

The Nigeria Deposit Insurance Corporation (NDIC) has shifted its role from primarily paying claims after bank failures to becoming a read more NDIC shifts from claims payer to risk minimiser to prevent bank failures