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'That ain't me': Bears RB Swift laments early fumble issues • Trump rules out new Iran attack before US midterm elections • Ballon d’Or 2026: Messi in top three favourites to win award after Argentina retirement • Ekiti: Oyebanji presents N490.74bn 2027 budget • ADC insists parties, citizens can independently collate election results • Benue seals two schools over alleged forced purchase of textbooks • NPFL: Shooting Stars won’t give up despite winless streak – Gbolagade • Five! Comparing A'ja Wilson's MVP run to some all-time greats • Dollar to Naira exchange rate today, October 8, 2026: Naira extends depreciation against USD • NPFL: Ahiaeke declares Kun Khalifat ready for Shooting Stars showdown • Flutterwave CEO joins OpenAI, NVIDIA, Microsoft and AMD-led Advisory Board in Silicon Valley • Anambra man’s arrest linked to cyberbullying, not filming attack — Police • Wontumi’s lawyers want Exim Bank case treated as civil, not criminal • Enugu Conference: NGE denies partisanship, urges Nation Newspaper to apologise • Bordeaux confirmed in sixth tier of French football • ‘Nigeria’s economy now on stronger footing’ — Information Minister defends Tinubu’s reforms • Saudi Kindergarten Hit By Debris As Houthis Target Riyadh Airport • ‘Tinubu govt is confused’ – Adebayo blasts FG over petrol price • Euromatch NPFL: Katsina United, Enyimba set for Friday night showdown • Victor Osimhen’s first Champions League fantasy pick revealed • 'That ain't me': Bears RB Swift laments early fumble issues • Trump rules out new Iran attack before US midterm elections • Ballon d’Or 2026: Messi in top three favourites to win award after Argentina retirement • Ekiti: Oyebanji presents N490.74bn 2027 budget • ADC insists parties, citizens can independently collate election results • Benue seals two schools over alleged forced purchase of textbooks • NPFL: Shooting Stars won’t give up despite winless streak – Gbolagade • Five! Comparing A'ja Wilson's MVP run to some all-time greats • Dollar to Naira exchange rate today, October 8, 2026: Naira extends depreciation against USD • NPFL: Ahiaeke declares Kun Khalifat ready for Shooting Stars showdown • Flutterwave CEO joins OpenAI, NVIDIA, Microsoft and AMD-led Advisory Board in Silicon Valley • Anambra man’s arrest linked to cyberbullying, not filming attack — Police • Wontumi’s lawyers want Exim Bank case treated as civil, not criminal • Enugu Conference: NGE denies partisanship, urges Nation Newspaper to apologise • Bordeaux confirmed in sixth tier of French football • ‘Nigeria’s economy now on stronger footing’ — Information Minister defends Tinubu’s reforms • Saudi Kindergarten Hit By Debris As Houthis Target Riyadh Airport • ‘Tinubu govt is confused’ – Adebayo blasts FG over petrol price • Euromatch NPFL: Katsina United, Enyimba set for Friday night showdown • Victor Osimhen’s first Champions League fantasy pick revealed

October 8, 2026|21:57

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Banking

NDIC pays N69.65bn to depositors of failed banks

Punch Nigeria about 2 hours 1 mins read

The Nigeria Deposit Insurance Corporation has disclosed that it has paid a cumulative N69.65bn to insured depositors of failed financial institutions as part of efforts to protect bank customers and strengthen confidence in the banking system. The Director of Strategy Development at the NDIC, Mrs Gwa Uduak, disclosed this on Thursday during the opening ceremony Read More: https://punchng.com/ndic-pays-n69-65bn-to-depositors-of-failed-banks/

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