Skip to content

News Agency of Nigeria

Africa's Media Giant

News Agency of Nigeria

Africa's Media Giant

Search news

Type to search stories, topics and pages.

LatestHeadlines
Economy/Business

NDIC warns against depositing money in ‘wonder banks’

The Nigeria Deposit Insurance Corporation (NDIC) has again cautioned the public against patronising and depositing monies in wonder banks.

By 1 min read

By Ginika Okoye

The Nigeria Deposit Insurance Corporation (NDIC) has again cautioned the public against patronising and depositing monies in wonder banks.

The corporation gave the warning on its official twitter handle in Abuja on Thursday.

According to the NDIC, the banks offer juicy returns in weeks but leave you in regrets for years.

The corporation advised the public to deposit money only in banks accredited by it.