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NDIC Recovers N28bn Debt, Pays Insured Depositors Of Failed Banks N11.50bn

NDIC Recovers N28bn Debt, Pays Insured Depositors Of Failed Banks N11.50bn   The Managing Director and Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim yesterday said a total of N11.50 billion had been paid to depositors, creditors, shareholders and other stakeholders of closed financial...

NDIC settles Depositors of Failed Banks with N105bn As at the end of September 2017,The sum of N105 billion had been paid to 442, 615 depositors of closed deposit money banks (DMBs). The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim...