The Nigeria Deposit Insurance Corporation (NDIC) says it has concluded plans to commence payment of liquidation dividends to uninsured depositors,creditors and shareholders of additional 14 banks in-liquidation.
The Director, Communication and Public Affairs Department of the Corporation, Mr Bashir Nuhu in a statement on Monday said that stakeholders of eight closed banks were to receive their first round of liquidation dividend payment.
Nuhu said that six banks were to be paid additional sums as part of their liquidation dividends.
He listed the banks to include, City Express, All States Trust, Allied Bank, Commerce Bank, North South Bank, Cooperative and Commerce Bank and Nigeria Merchant Bank.
Others are, Hilltop Micro-Finance Bank (MFB), Olomoyoyo MFB, Evo MFB, Ngwegwe MFB, Bekwarra MFB, Argungu MFB and Edet MFB.
He advised eligible stakeholders of the banks to visit the corporation’s offices nationwide for the verification of their claims or do so on the Corporation’s website.
Nuhu stated that the corporation had also commenced verification for depositors of 22 Micro-Finance Banks (MFBs) whose operating licences were recently revoked by the Central Bank of Nigeria (CBN) adding that the is geared toward payment of insured sums to eligible depositors.
The director explained that depositors of the affected MFBs had been advised to visit the closed banks’ addresses where their claims would be verified by NDIC officials and also urged them to visit the corporation’s website for the list of the affected banks.
