The Nigeria Deposit Insurance Corporation has warned Nigerians against investing in illegal fund management platforms across the internet.
A statement signed by NDIC’s Director, Communication and Public Affairs, Bashir A. Nuhu, said it has become necessary to warn and protect unsuspecting depositors following the increase in illegal fund managers who use different platforms to solicit public investment. The statement warned, “The NDIC insures only deposits of financial institutions licensed by the Central Bank of Nigeria to accept deposits from the public.
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