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NDIC secures up to N200, 000 of MfB customers’ deposit — NAMB President

NDIC, insured deposits for individual customers in Microfinance Banks, MfBs, has reached N200, 000. Though this development provides significant security for depositors President, National Association of Microfinance Banks, NAMB, Mr. Rogers Nwoke, who disclosed this in an interview with Financial Vanguard, lamented that liquidity is not well distributed at all levels of the financial system in the country.

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