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Tag "Nigerian Deposit Insurance Corporation (NDIC)"

NDIC: 50 banks closed down because of loans taken by their directors

    NDIC: 50 banks closed down because of loans taken by their directors

The Nigerian Deposit Insurance Corporation (NDIC) says 50 banks closed down between 1994 and 2011 because of loans taken by their directors. Adedayo Adeleke, director of bank examination department, NDIC,

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