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NDIC clarifies reports of 20 liquidated banks by CBN

NDIC Paying Additional N16 18bn To 20 Defunct Banks

They were previously closed — NDIC denies liquidating 20 new banks

They were previously closed — NDIC denies liquidating 20 new banks
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NDIC pays N1 39bn to depositors of failed banks

NDIC pays N1 39bn to depositors of failed banks
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NDIC Reacts to Alleged Liquidation of 20 Banks

By Tony Obiechina, Abuja The Nigeria Deposit Insurance Corporation (NDIC) has reacted to recent media reports to the effect that it has liquidated 20 additional banks, saying such reports were misleading. The Corporation which made the clarification in a statement by Bashir A. Nuhu Director of Communication & Public Affairs on Monday explained that the

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