NDIC Concludes Arrangement to Pay First Liquidation Dividend To Creditors of Five Closed Banks

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NDIC Concludes Arrangement to Pay First Liquidation Dividend To Creditors of Five Closed Banks
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Thursday, May 03, 2018 /09:05 AM/NDIC

Nigeria Deposit Insurance Corporation in its capacity as the Liquidator of the closed Commercial Trust Bank, Icon Merchant Bank, Merchant Bank For Africa, Ivory Merchant Bank and Financial Merchant Bank (In-liquidation) is pleased to announce that it has concluded arrangement to pay Creditors of the closed banks.

All creditors of the closed banks are hereby advised to come for verification and subsequent payment at our Marina Office, Lagos or through any of the NDIC Offices listed below. Creditors are required to file their claims within 90 days of this publication after which the funds available would be used to pay the next category of claimants of the closed bank.

For further clarification or any assistance, Depositors/Creditors should contact the representatives of Director, Claims Resolution Department in any of the under listed centres/ Zonal offices.

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Godwin Okafor is a financial journalist, Internet Social Entrepreneur and the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA).

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