{"id":50027,"date":"2021-06-27T19:07:50","date_gmt":"2021-06-27T18:07:50","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=50027"},"modified":"2021-06-27T19:07:50","modified_gmt":"2021-06-27T18:07:50","slug":"ndic-commences-payment-of-liquidation-dividends-to-depositors-others-stakeholders-in-14-closed-banks","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ndic-commences-payment-of-liquidation-dividends-to-depositors-others-stakeholders-in-14-closed-banks\/","title":{"rendered":"NDIC Commences Payment Of Liquidation Dividends To Depositors, Others Stakeholders In 14 Closed Banks"},"content":{"rendered":"

The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation dividends to uninsured depositors, creditors and shareholders of additional 14 banks in-liquidation.<\/p>\n

In a release by the Director, Communication and Public Affairs Department, Bashir Nuhu, the NDIC stated that while stakeholders of eight closed banks are to receive their first round of liquidation dividend payments, those of the other six are to be paid additional sums due to them as part of their liquidation dividends.<\/p>\n

The release listed the banks as City Express Bank, All States Trust Bank, Allied Bank, Commerce Bank, North South Bank, Cooperative and Commerce Bank and Nigeria Merchant Bank. Others are Hilltop MFB, Olomoyoyo MFB, Evo MFB, Ngwegwe MFB, Bekwarra MFB, Argungu MFB and Edet MFB.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

The release advised eligible stakeholders of the banks to visit the Corporation\u2019s offices nationwide for the verification of their claims or do so on the Corporation\u2019s website.<\/p>\n

In a related development, the Corporation has commenced verification of depositors of 22 MFBs whose operating licences were recently revoked by the Central Bank of Nigeria (CBN). The verification exercise is geared towards payment of insured sums to eligible depositors.
\nDepositors of the affected MFBs have been advised to visit the closed banks\u2019 addresses where their claims would be verified by the NDIC\u2019s officials. They are also to visit the Corporation\u2019s website for the list of the banks and to verify their claims.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation dividends to uninsured depositors, creditors and shareholders of additional 14 banks in-liquidation.<\/p>\n","protected":false},"author":6,"featured_media":28099,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[8779,818],"coauthors":[2391],"class_list":["post-50027","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-closed-banks","tag-ndic"],"yoast_head":"\nNDIC Commences Payment Of Liquidation Dividends To Depositors, Others Stakeholders In 14 Closed Banks - National Wire<\/title>\n<meta name=\"description\" content=\"The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation dividends to uni\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ndic-commences-payment-of-liquidation-dividends-to-depositors-others-stakeholders-in-14-closed-banks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NDIC Commences Payment Of Liquidation Dividends To Depositors, Others Stakeholders In 14 Closed Banks - 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