NDIC commences payment of N16.18bn liquidation dividends to Depositors and other stakeholders of 20 banks in-liquidation

Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation (NDIC) has announced declaration of N16.18 billion liquidation dividends to depositors, creditors…

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NDIC set to pay 1st liquidation dividend to depositors and ex-staff deposits of defunct Peach Merchant Bank

The Nigeria Deposit Insurance Corporation (NDIC), in line with its mandate has concluded plans to pay the depositors & ex-staff (deposits) of defunct Peak Merchant Bank their first liquidation dividend.…

Read More NDIC set to pay 1st liquidation dividend to depositors and ex-staff deposits of defunct Peach Merchant Bank