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Event Brief

NDIC, NIBSS seal MoU for faster reimbursements

NDIC and NIBSS sign MoU to enhance reimbursement for failed bank depositors.
WHO: Nigeria Deposit Insurance Corporation (NDIC), NIBSS
WHAT: MoU to recalibrate depositors’ reimbursement
WHEN: Dec 17, 2025 at 7:00 PM ET
WHERE: Nigeria
WHY: To provide faster and more efficient reimbursement to depositors of failed banks.
Sources (1): The Guardian Nigeria

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