NDIC Pays N11.50bn to Depositors of Failed Banks, Recovers N28bn Debt

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NDIC Pays N11.50bn to Depositors of Failed Banks, Recovers N28bn Debt

« on: October 03, 2018, 01:02:17 AM »

NDIC Pays N11.50bn to Depositors of Failed Banks, Recovers N28bn Debt

By James Emejo in Abuja The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, Tuesday said a total of N11.50 billion had been paid to depositors, creditors, shareholders and other stakeholders of closed financial institutions as at December 31, 2017. He also said the sum of N368.43 million was recovered by the […]

The post NDIC Pays N11.50bn to Depositors of Failed Banks, Recovers N28bn Debt appeared first on THISDAYLIVE.

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