NDIC Pays N1.084b To Over 29,000 Depositors Of Defunct Banks
By Umbwanko Baba The Nigerian Deposit Insurance Corporation, NDIC, says it paid N1.084 billion naira to 29,573 depositors of defunct Micro Finance Banks, MFB as insurance. The Managing Director of NDIC, Mr. Bello Hassan who stated this while delivering his speech at the NDIC special Day held at the 18th Abuja International Trade Fair, explained that this followed the revocation of licenses for 179 Microfinance Banks and 4 Primary Mortgage […]
