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1)can insurance status of the Nigeria Deposit Insurance Corporation be terminated?? (2) explain (3)under which...

1)can insurance status of the Nigeria Deposit Insurance Corporation be terminated?? (2) explain (3)under which conditions??

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Answers (1)

mhz vee
2 months ago
Yes. But notice is always given to depositors before termination of insurance. Depositors should take precaution to verify that the MFB or PMI they are dealing with are insured and that they pay deposit insurance premium annually
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