NDIC generated N91bn premium from banks in 2018

The Nigerian Deposit Insurance Corporation (NDIC) generated about N91 billion premium from deposit money banks (DMBs) in the 2018 fiscal year. Umaru Ibrahim, managing director of NDIC, stated this when the management of the organisation appeared before the House Committee on Insurance for the 2019 Budget Defence at the National Assembly, Abuja. He said though […]