NDIC Pays Full Dividend To Depositors Of 20 Liquidated Banks

Out of the 49 Deposit Money Banks in-liquidation, the Nigerian Deposit Insurance Corporation
has paid 100 per cent liquidation dividend to Depositors of 20 of these institutions.

The Managing Director of NDIC Mr. Bello Hassan confirmed the amount on Monday at a workshop with the theme, “Boosting depositor’s confidence amidst emerging issues and challenges in the banking industry.”