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President Tinubu welcomes Airbus proposal for maintenance, hangar in Nigeria
AWC women, girls digital tech hub graduates Africa fellows
Ronaldo kept waiting for first trophy with Al-Nassr
WHO declares Ebola outbreak in DR Congo a global health emergency
John Travolta’s new film is a dud. It shows why great actors can be bad directors
Svitolina upsets Gauff to win Italian Open thriller
Toddlers among more than 50 schoolchildren kidnapped in Nigeria
Bangaranga! Bulgaria wins Eurovision – but UK comes last
SSDC executive director hails Bomadi/Patani constituents over Ex-Delta Assembly Speaker’s victory
APC 2027: Will consensus enforce anti-party as a result of collapses in internal democracy? 

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Deposits

NDIC increases maximum deposit insurance coverage for failed banks

2024-05-02
By: Gambo Jagindi
On: May 2, 2024
In: Economy & Business

By Aluta News May 2, 2024 The Nigeria Deposit Insurance Corporation (NDIC), has reviewed upward the maximum deposit insurance coverage for depositors of all licenced deposit taking financial institutions in event of bank failure.The News Agency of Nigeria (NAN) reports that deposit insurance is the government’s guarantee that an accountContinue Reading

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Latest Stories

  • President Tinubu welcomes Airbus proposal for maintenance, hangar in Nigeria May 17, 2026
  • AWC women, girls digital tech hub graduates Africa fellows May 17, 2026
  • Ronaldo kept waiting for first trophy with Al-Nassr May 17, 2026
  • WHO declares Ebola outbreak in DR Congo a global health emergency May 17, 2026
  • John Travolta’s new film is a dud. It shows why great actors can be bad directors May 17, 2026
  • Svitolina upsets Gauff to win Italian Open thriller May 17, 2026
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