The InfoStride Forum

NEWS and REPORTS => Nigerian News => Topic started by: MrVan on Oct 17, 2011, 09:02 PM

Title: 6% depositors own 94% in banks – NDIC report
Post by: MrVan on Oct 17, 2011, 09:02 PM
Wealth distribution disparity, the gap between the rich and the poor, in the country has continued to widen as indicated in the 2010 annual report of the Nigeria Deposit Insurance Corporation, NDIC, which showed that a mere six per cent depositors owned a whopping 94 per cent of bank deposits last year.

Vanguard