NDIC begins payment of N16.18bn liquidation dividends to depositors of 20 banks in-liquidation

This, according to a statement from Bashir Nuhu, communications director at the agency, follows impressive recoveries from debtors and realisation of assets of banks in liquidation.

To this end, the Corporation has commenced verification and payment of stakeholders covered by the declarations within 30 days, starting from 28th September 2023.