NDIC Begins Liquidation Of Aso Savings and Loans, Union Homes
The Nigeria Deposit Insurance Corporation, NDIC, has commenced the liquidation process of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc following the revocation of their operating licences by the Central Bank of Nigeria, CBN. The licences were withdrawn on December 15, 2025, after which the NDIC was appointed as liquidator in line with the provisions of the Banks and Other Financial Institutions Act, BOFIA 2020. […]