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NDIC (Nigeria Deposit Insurance Corporation)
The NDIC is the Nigerian agency that insures bank deposits, protecting eligible customer funds if a licensed institution fails.
The Nigeria Deposit Insurance Corporation (NDIC) is a government agency that provides deposit insurance for customers of licensed financial institutions in Nigeria. If an insured institution fails, eligible depositors are protected up to the coverage limit.
On Energywallet, funds are held through CBN-licensed banking partners, and eligible deposits are insured by the NDIC — so your money is handled within Nigeria's regulated deposit-protection framework.
See also: CBN.
