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NDIC: The path to progress

IN recent years, the Nigerian Deposit Insurance Corporation (NDIC) has played a critical role in stabilising Nigeria’s financial market through innovative programmes. The turbulence that the banks faced in their continuous growth to maturity, which was triggered by both the nation’s quest to modernise the banking system and global financial meltdown, have been effectively overcome – to the relief of both depositors and the financial system. And, generally, the Corporation has charted a path that has taken the deposit insurance scheme (DIS) within the country to enviable heights.

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