The Nigeria Deposit Insurance Corporation, (NDIC), has announced that it is ready to pay the liquidation dividends of uninsured creditors, depositors and shareholders of 14 closed banks with it. In a press statement released yesterday by the Corporation’s Director, Communication and Public Affairs Department, Bashir Nuhu, the NDIC stated that while stakeholders of eight closed banks are to receive their first round of liquidation dividend payments, those of the other six are to be paid additional sums due to them as part of their liquidation dividends. The release listed the…
Read MoreNDIC begins payment of liquidation dividends to depositors, shareholders of 14 dead banks
