1. The Nigerian Deposit Insurance Corporation (NDIC) has increased the insurance coverage for user funds held by digital payment platforms, such as OPay, to a maximum of ₦5 million per customer. This move is aimed at providing greater protection and confidence for users who entrust their money with these digital financial services.

2. The NDIC's decision to raise the insurance limit from the previous ₦500,000 per customer is seen as a positive step in strengthening the regulatory framework for the digital financial ecosystem in Nigeria. This increased coverage is expected to enhance the overall stability and trust in the digital payment industry, which has been experiencing rapid growth in recent years.

3. The article highlights that the NDIC's actions are in line with its mandate to protect depositors and promote financial system stability. By insuring user funds up to ₦5 million, the NDIC aims to safeguard the interests of consumers and foster a more secure and reliable digital financial environment in Nigeria.