Depositors of failed banks to get extra N16.18bn — NDIC

Depositors, creditors and stakeholders of 20 failed banks are expected to get additional N16.18 billion in liquidation dividends, the Nigeria Deposit Insurance Corporation (NDIC) has disclosed. This would increase the dividends so far paid to the depositors to N61.63bn having made cumulative payments of liquidation dividends totalling N45.45 billion as of July 2023, representing amounts…

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