NDIC ASSURES SPEEDY PAYMENT OF CLAIMS TO DEPOSITORS OF CLOSED MFBs AND PMBs

Following the revocation of licenses of 179 Microfinance Banks (MFBs) and fourPrimary Mortgage Banks (PMBs) by the Central Bank of Nigeria (CBN), theNigeria Deposit Insurance Corporation (NDIC) has assured depositors of theclosed banks speedy payment of their insured sums. The NDIC Managing Director/Chief Executive, Mr. Bello Hassan gave the assurance in a statement that followed […]