Tag: NDIC
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NDIC begins liquidation of Heritage Bank
The Nigeria Deposit Insurance Corporation (NDIC) says it has started the liquidation of Heritage Bank with immediate verification and payment of insured deposits to...
CBN revokes licence of Heritage Bank over financial stability, safety concerns
The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect.This is according to a statement...
NDIC begins verification for creditors of defunct Gracefield MFB
The Nigeria Deposit Insurance Corporation (NDIC) has urged creditors of Gracefield Microfinance Bank (MFB) in-liquidation to come for verification for payment of their claims.The...
NDIC pays over N1.7bn insured sum to customers of closed banks
Nigeria Deposit Insurance Corporation (NDIC) says it has paid an insured sum of over N1.7 billion to customers, following the revocation of licenses of...
NDIC set to pay 100% liquidation dividends of 20 failed banks
The Nigeria Deposit Insurance Corporation (NDIC) says it is prepared to conduct 100 percent liquidation dividend payments worth N16.18 billion for depositors of 20...
