NDIC raises concern over impact of mandatory deductions on Deposit Insurance Fund
Urgent Warning: NDIC Raises Alarm Over 50% Mandatory Deductions Draining Nigeria’s Deposit Insurance Fund Growth In a stark revelation that underscores challenges facing Nigeria’s financial safety net, the Nigeria Deposit Insurance Corporation (NDIC) has voiced serious concerns about the federal government’s 50% cost-to-income ratio policy, which forces the agency to remit half its surplus earnings … Read more