See the list of failed banks NDIC is paying their customers as CBN restores one operating license

• The Nigeria Deposit Insurance Corporation (NDIC) has listed the names of 20 failed banks and said it will pay their depositors
• The NDIC said contrary to recent reports, there are no new failed banks in Nigeria
• The Corporation revealed in a statement that depositors, creditors, and shareholders will get an additional N16.16 billion in payment

Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.

Depositors, creditors, and shareholders of 20 failed banks in Nigeria will get an additional N16.18 billion in liquidation dividends, the Nigeria Deposit Insurance Corporation said.

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